3820 S Highland Dr

3820 S Highland Dr Salt Lake City, UT 84106

FOR SALE Incentives
Property Type:
Power Center
Amount:
$650,000
Last Verified:
Jun 08, 2017


Description

*East bench Opportunity on Highland Drive
*Great Visibility and Exposure
*Property is .36 Acres or 15,682 square ft
*Building is Approximately 2700 sq ft
*Currently leased as a lounge/bar, Kitchen available
*Long Term Lease with Regan signs.
*Zoned C2
*$650000

Endless potential at this East Bench Location on Highland Drive.
Excellent exposure and easily accessible. .36 Acres with a 2700 Sq
foot Building. Parking spaces in rear and in front of Building. Currently
leased as a lounge/bar until Oct 1, 2017. Building has a kitchen. There is a lease in
place with Regan signs, income to be retained by seller. Square footage figures are
provided as a courtesy estimate only and were obtained from county
database. Buyer is advised to obtain an independent measurement.

PROPERTY FEATURES
*East bench Opportunity on Highland Drive
*Great Visibility and Exposure
*Property is .36 Acres or 15,682 square ft
*Building is Approximately 2700 sq ft
*Currently leased as a lounge/bar, Kitchen available
*Long Term Lease with Regan signs.
*Zoned C2
*$650000

Building Size: 2700.0sq ft
Lot Size: 0.36 acres

Map of 3820 S Highland Dr, Salt Lake City, UT, 84106

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.