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Plaza Mall Shopping Center

1429 1/2 Dewar Drive,    |   
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Price: $ 17,899,974

Property Highlights

Albertson’s completed an interior and exterior store renovation at the end of 2020 and signed a new 5-Year extension with Albertson’s (NYSE:ACI)
85% of the retail tenants are corporate or regional tenants
E-commerce and recession resistant tenants that include Albertson’s, Planet Fitness, Harbor Freight, and Family Dollar
Cap Rate: 7.69
Excellent performance during the Pandemic involving multiple new leases & renewals
Additional upside with development of entitled pad
Stable Economy - 58% of Employment comes from Trona and government jobs
https://www2.mtnwest.com/finalflyers/CollegeDr&DewerDr_RockSpringsPlazaShoppingCenter_ChrisBrettBrandon_Investment2.pdf
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Brett Palmer

Director

Joe Cooley

Principal Broker, Utah

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Joe Cooley