- For Sale $3,092,000
- Property Type Retail
- Lot Size 0.3 SF
- Additional Rent Contact for pricing
- Building Class A
- Year Built 2023
- Date Updated Nov 18, 2024
Colliers is pleased to exclusively offer for sale a new construction single tenant net-leased Panera Bread located within Mountain View Village – an 85-acre mixed use destination that is a part of a larger 600- acre master development featuring additional residential, office, and retail, in the Salt Lake City, UT MSA.
The asset benefits from a 15-Year Absolute NNN ground lease with zero landlord responsibilities and 10% rent increases every five years, including options, along with frontage on 13400 South and combined traffic counts in excess of ±47,827 VPD.
Mountain View Village has been drawing people 25 miles south of downtown Salt Lake with its vast amount of must-visit shops and restaurants. Notable national co-tenants include Harmons, Cinemark, Sephora, Nike, Michaels, Burlington, PetSmart, Kona Grill, and more. The project is in Phase III of development with additional retail, office, medical, hotel, and a future Trax Line transit line extension. Upon completion of the Mountain View Village project, Mountain View Corridor is projected to carry 165,000 VPD.
The asset is surrounded by affluence with nearby neighborhoods that are well known for being impressive in size and finishes servicing ±199,462 residents with an annual household income of ±$142,301 within a 5-mile radius. With the surrounding trade area growth and adjacent development, this property provides investors with a stable investment opportunity for years to come.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Adam Malan
Deana Marcello
Grant Lammersen
Location
Getting Around
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Walk Score ®
43/100
Car-Dependent
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Bike Score ®
41/100
Somewhat Bikeable
- City Riverton, UT
- Zip Code 84096
- Market Salt Lake City
Points of Interest
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4800 West Old Bingham Highway
5.08 miles
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Crescent View
6.70 miles
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Sandy Expo
7.68 miles
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Lehi
7.76 miles
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Historic Gardner
7.87 miles
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Historic Sandy
8.09 miles
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Bingham Junction
8.65 miles
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Midvale Center
8.91 miles
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Harmons Gas
0.34 miles
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Maverik
0.42 miles
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Chevron
0.57 miles
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Walmart
0.84 miles
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Holiday Oil
0.99 miles
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Murphy Express
1.08 miles
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Smith's Fuel
1.41 miles
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Tesla Supercharger
5.08 miles
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ChargePoint
6.12 miles
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Daybreak RV Parking
2.31 miles
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Daybreak Parkway Park and Ride
2.62 miles
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Indigo Sky Way
4.43 miles
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Church Parking Lot
4.54 miles
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Mt. Jordan Park Parking
4.81 miles
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Draper Station Parking
4.83 miles
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Seminary Parking Lot
4.92 miles
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Academy Mortgage Parking Lot
4.96 miles
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Butterfield Trailhead Regional Park Temporary Parking
4.97 miles
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Vista Station Parking
5.02 miles
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Panera Bread
0.00 miles
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WildFin
0.05 miles
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R&R Barbeque
0.08 miles
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Stack 571 Burgers
0.08 miles
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Houston Hot Chicken
0.09 miles
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Dirty Bird Fried Chxx
0.10 miles
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Silverlake Ramen
0.11 miles
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Toastique
0.11 miles
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Via313 Pizza
0.13 miles
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Zao Asian Cafe
0.13 miles
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Ross
0.23 miles
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TJ Maxx
0.25 miles
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Harmons
0.32 miles
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Burlington
0.34 miles
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Walmart Neighborhood Market
0.79 miles
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Kohl's
1.00 miles
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Walmart Supercenter
1.00 miles
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Smith's
1.42 miles
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Lee's Marketplace
1.80 miles
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WinCo Foods
1.98 miles
Frequently Asked Questions
How much does STNL Panera Bread cost?
The space currently listed for sale at STNL Panera Bread asks for $3,092,000.
What is the total square footage of STNL Panera Bread?
STNL Panera Bread totals 3,800 square feet.
When was this property built?
STNL Panera Bread was built in 2023.
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