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4668 S Redwood Rd
Salt Lake City, UT 84123

$4,787,500 USD

Drugstore For Sale  •  14,461 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,461 SF
  • Lot Size 2.12 AC
  • Building Class C
  • Year Built 2002
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning CC
43 Transit Score
66 Walk Score

Highlights

Nearly 9 Years Remaining on an Abs NNN Lease W/ No Landlord Responsibilities | Walgreens Recently Extended Lease Bringing the Firm Term to 2034
Corporate Guaranteed by Walgreens Co. | Tenant Has Been at This Location for 22.5 Years Showing Their Commitment to This Location
Excellent Location on Redwood Rd (39,363K VPD) Just off the W Taylorsville Expressway (47,140K VPD) in the Heart of Salt Lake City MSA
Just 1 Block from the Salt Lake Community College, Which Has an Average Annual Enrollment of 35K Students.
Walgreens (NYSE: WAG) Is the Second Largest Pharmacy Store Chain in the United States | Over 8,600 Locations | 2023 Total Revenue Over $142.4B

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 8/31/2034

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
15 min - 9.6 mi
AirportDriveWalkDistance
Salt Lake City International 16 min - 11.1 mi
Provo Municipal 53 min - 41.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adam Lewis 303-328-2050 Marcus & Millichap
Adam Lewis 303-328-2050 Marcus & Millichap