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Garden Square LLC Acquires Retail Property In Salt Lake City, Utah For $8.65M

Property Image
SOLD
$8,650,000
Joseph (Joe) Chichester
Thomas (Tom) Chichester
Nick D'Argenzio

Utah

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Retail77,927 SF
Sold 05/25/2020
the dealplayerscompscontact
Property Image
SOLD

Garden Square LLC Acquires Retail Property In Salt Lake City, Utah For $8.65M

75 Fort Union Blvd, Salt Lake City, UT, USA

See Similar Deals
Retail77,927 SF
Sold 05/25/2020
Joseph (Joe) Chichester
Thomas (Tom) Chichester
Nick D'Argenzio
the dealplayerscompscontact
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Summary

UTAH
Asset Type:Retail
Price Per Square Foot:$111
Total Square Footage:77,927 SF
Transaction Type:Sale

Located at 75 Fort Union Blvd in Salt Lake City, Utah, this retail property has been sold in a recent transaction. The property spans across 77,927 square feet and was acquired by Garden Square LLC for a total sale price of $8,650,000, resulting in a price per square foot of $111. The sale took place on May 25, 2021, between the buyer and the seller, Villa Gardens LLC.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,650,000
  • Square Footage: 77,927
  • Price Per Square Foot: $111
  • Address: 75 Fort Union Blvd, Salt Lake City, Utah
  • Market: Salt Lake City, Utah

The transaction was facilitated by the following brokers: Nick D’Argenzio from Redev_west, Tom Chichester, and Joe Chichester. Nick D’Argenzio represented the buyer Garden Square LLC, while Tom Chichester and Joe Chichester were involved in the transaction as representatives.

Players

Thomas (Tom) Chichester
Thomas Chichester
6 deals$66.6M volume
BROKER
Nick D'Argenzio
Nick D'Argenzio
4 deals$50.1M volume
BROKER
Joseph (Joe) Chichester
SRS Real Estate Partners
Joseph Chichester
7 deals$92.9M volume(949) 258-7869
BROKER

Details

SOLD
IMAGE: Nick D’Argenzio, Tom Chichester & Joe Chichester DATE: 05/25/2021 ADDRESS: 75 Fort Union Blvd. MARKET: Salt Lake City, Utah ASSET TYPE: Retail BUYER: Garden Square LLC SELLER: Villa Gardens LLC BROKERS: Nick D’Argenzio @NickDzio @Redev_west, Tom Chichester @TWChichester & Joe Chichester @JoeChichester SALE PRICE: $8,650,000 SF: 77,927 ~ PPSF: $111

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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