Former Papa Murphy's with Freestanding BofA ATM

Investment Overview

THIS OFFERING is for the opportunity to purchase or lease a freestanding quick service restaurant building with drive-through originally built-to-suit for Papa Murphy’s in 2014. Located in Grandview’s expanding retail corridor with quick access to I-82, the building is ideally configured and located for a sandwich shop, coffee shop or other QSR concept. It includes a freestanding ATM leased to Bank of America through July 31, 2029, currently delivering $1,003.52/month. The building will be available to occupy March 1, 2027.

Investment Highlights

• Located on Grandview’s primary commercial arterial across the street from Safeway and near Dollar Tree, AutoZone, O’Reilly’s and McDonalds.
• Freestanding ATM lease to Bank of America delivering $1,003.52/month that expires July 31, 2029, with multiple 5-year renewal options.
• Freestanding building of approximately 1,242SF plus an attached walk-in cooler of approximately 160SF.
• Asking price is based upon $250/SF attributable to the building and a 9 cap of the BofA ATM lease.
• Quick access to Interstate 82.