Holiday Village Shopping Center – Commercial Opportunity
This Investment Offering provides an investor the opportunity to acquire the Holiday Village Shopping Center and related office space in Park City, Utah. The 35,741 square foot center is currently home to 11 tenants and is presently 81% occupied. Notable tenants include the UPS Store, H&R Block, Mountain West Bank, Cinemark Theaters and Park City TV. Although not a part of the center, the Sports Authority is adjacent and is a major traffic generator. The immediate neighbors include a Fresh Market Grocery and Yarrow Hotel.
The intersection of Park Avenue and Kearns Boulevard is a major cross point for the entire Park City area. Commercially zoned land within Park City is a rare commodity. In addition, the barriers to entry into the Park City market are significant and Investment Properties in Park City rarely change hands. All of this adds up to a unique opportunity to acquire a prime commercial property that provides immediate income while holding a key parcel of ground with future development potential.
Holiday Village Shopping Center is being offered at $8,277,000. More details are available upon request.
Listing courtesy of Commercial Real Estate Solutions
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All information deemed reliable but not guaranteed