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1679 West State St
Pleasant Grove, UT 84062 Silicon Slopes

$1,866,240 USD

Service Station For Sale  •  1,200 SF

Property Details

• Property Type Service Station
• Total Building Size 1,200 SF
• Lot Size 0.97 AC
• Building Class B
• Year Built 2017
• Tenancy Single

30 Transit Score

50 Walk Score

Highlights

Long-Term 20-Year Absolute Net Ground Lease with Murphy Oil USA, Inc., a Fortune 500 fuel retailer

Attractive 8% Rental Increases every five years providing built-in NOI growth / Approximately 10 years remaining on the primary lease term

Absolute Net Ground Lease structure eliminating all landlord responsibilities / Hard corner location State Street N 1650 W, a primary Pleasant Grove

Outparcel Walmart Neighborhood Market & built-in daily consumer traffic / Passive investment opportunity & contractual rent growth zero LL Obligation.

Four (4) Five-Year Renewal Options extending long-term occupancy potential through 2041

Located within the Provo-Orem MSA, one of the fastest-growing metro areas in the United States

Property Flyers

Pleasant Grove, UT - Murphy Oil_OM-compressed (1)

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.3 mi
	10 min	-	5.6 mi
Airport	Drive	Walk	Distance
Provo Municipal	22 min	-	14.6 mi
Salt Lake City International	46 min	-	38.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	24
Type:	Surface
Included in Rent:	Yes