516 W Stockman Way

    Ogden, UT 84401
    • $2,600,000
    • STATUS: Active
    • ON SITE: 255 days
    • ID#: 1515765
    UPDATED: 26 min ago
    $2,600,000
    • 0
      BEDS
    • 1.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2017
    County:

    School Ratings & Info

    Description

    Investment - 5 Year Lease NNN w/Excellent Tenant in business for 56 Years. Tenant is Selle Royal manufacturer of bicycle parts. Ogden City Redevelopment is subsidizing lease . Zoned BEI = Commercial Light Industrial. Security Deposit - $5,320 Tenant pays 100% of Operating Expenses Including Common Areas, taxes and insurance. Rent - 2017 - 2018 = $TBD Rent - 2018 - 2019 = $164,702 Rent - 2019 - 2020 = $168,898 Rent - 2020 - 2021 = $173,042 Tenant pays all utilities including water/sewer and public utilities Taxes are estimated as Assessor will not have tax amount until end of May, 2018. Tenant occupied August, 2017. Power - 480/240 3 Phase Roof - Architectural Standing Seam AC throughout all finished out office. Large fans in warehouse. DO NOT DISTURB TENANTS!!

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2018-12-18T14:35:58.897. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.findutahhomesnow.com/homes/82351888

    516 W Stockman Way Ogden, UT 84401

    • Price: $2,600,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 1515765
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.2
    Acres
    2017
    Built
    Neighborhood:
    Ogden Business Excha
    County:
    Weber
    Area:
    Ogdn; W Hvn; Ter; Rvrdl
    Property Description
    Investment - 5 Year Lease NNN w/Excellent Tenant in business for 56 Years. Tenant is Selle Royal manufacturer of bicycle parts. Ogden City Redevelopment is subsidizing lease . Zoned BEI = Commercial Light Industrial. Security Deposit - $5,320 Tenant pays 100% of Operating Expenses Including Common Areas, taxes and insurance. Rent - 2017 - 2018 = $TBD Rent - 2018 - 2019 = $164,702 Rent - 2019 - 2020 = $168,898 Rent - 2020 - 2021 = $173,042 Tenant pays all utilities including water/sewer and public utilities Taxes are estimated as Assessor will not have tax amount until end of May, 2018. Tenant occupied August, 2017. Power - 480/240 3 Phase Roof - Architectural Standing Seam AC throughout all finished out office. Large fans in warehouse. DO NOT DISTURB TENANTS!!
    Exterior Features

    Construction Condition Block Exterior Features Paved Parking Frontage Facing Sw Land Condition Curb And GutterLandscaping: FullMature TreesSprinkler: Auto-Part Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features See Remarks

    Interior Features

    Air Conditioning Central Air: Gas Floor Coverings Concrete Heating Features Gas: Natural Interior Features See RemarksAlarm: FireAlarm: SecurityFloor DrainsMezzanine: WarehouseRestroom: PrivateSprinkler System Fire Windows None

    Property Features

    Accessibility Disabled RestroomGround Level Business Name Selle Royal Capitalization Rate 5.20 Commercial Property Type Industrial Culinary Water Connected Customer Visibility Road Traffic Exclusions See Remarks Gross Scheduled Income 173232 Inclusions See Remarks Irrigation Not Available Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 145495 Owner Type Property Owner Possession N/A Roads AsphaltConcreteCurb And GutterRoad: PavedSidewalk Sewer Connected Site Tenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 27737 Terms CashCommercial Fin. Req.ConventionalExchange Utilities 240 V 3 PhaseGas: NaturalSeparate Meter: GasSeparate Meter: Elec. Zoning See RemarksCommercialIndustrial Zoning Code Bei

    Listing provided courtesy of Property Pointe Llc. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2018-12-18T14:35:58.897. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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