A Street Partners is proud to be SOC Certified for Service Organization
7650 Union Park Avenue Sandy, Utah
This Investment Offering provides the opportunity to acquire the Class-A UNION HEIGHTS RETAIL & ENTERTAINMENT CENTER in Salt Lake City, Utah. The 89,429 square foot center is anchored by Century Theatres, a first-tier entertainment group, and is presently 100% occupied.
Century Theatres’ tenancy is a ground lease, with the tenant having expended funds to build the 16-screen facility. The in-place rent of $7.50 psf, NNN is well below market rate at $20 psf, NNN. These two factors, coupled with the irreplace-able location and strong sales, ensures the theatre’s continued occupancy.
Property Management
3
Suites
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Parking Spaces
89429
SQFT
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Property Management
3
Suites
Parking Spaces
89429
SQFT
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A Street Partners in Southern California and Salt Lake City Utah
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