Prime RETAIL Location located adjacent to Salem Hills High School and the highway running through Salem. There are several options for this property. 1.) Lease the current building and restaurant equipment. Lease would be approx. $10,000/mo NNN. Current Building is 4,054 Sq Ft 2.) Owner will build a new building (subject to and pending Salem City approval) with 4 separate units ranging from 1,890 - 1,850 sq ft. Leases are expected to range from $1.95-2.15/sq ft/month NNN with a CAM fee of $0.25/sq ft. All information is subject to change. 3.) Ground lease. Lease the ground (no current structures included and tenant would be responsible for demolition of the existing structure) at approximately $6,500/month NNN. 4.) Lease (which includes the current structure on the property, no restaurant equipment). Lease would be approximately $8,500/month NNN.
Courtesy of: Charles Wixom Realty Listing information provided courtesy of the Wasatch Front Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 6th October, 2022 9:55 AM (UTC)