Aaron's | Vernal, UT
1453 West Highway 40, Vernal, UT 84078
Aaron' s, Inc. (NYSE: AAN) is a specialty retailer serving consumers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances and accessories. Aaron's, Inc. has more than 2,100 stores with over 1,300 company-operated stores and 780 independently owned and operated franchised stores throughout the United States and Canada. The Company was founded in 1955, is headquartered in Atlanta, Georgia, and has been publicly traded since 1982. Aaron' s is the industry leader in serving the moderate-income consumer and offering affordable payment plans, quality merchandise and superior service.
The Aaron' s in Vernal, Utah is located in a busy retail area with surrounding national brands including Dollar Tree, Walmart Supercenter, Petco, Lowe' s, Kmart, Staples, Days Inn, Quality Inn, Pizza Hut, Denny' s, Wendy' s, Subway and many more. The subject property is less than two miles from Utah State University' s Vernal campus and less than five miles from the Vernal Regional Airport.
Building Size: 10,000 SF
Property Type: Retail
Property Sub-type: Free Standing Bldg.
Additional Sub-types: Retail, Specialty Center
Property Use Type: Net Lease Investment with 10+ years left on lease
Cap Rate: 7%
Year Built: 2007
Lot Size: 0.67 AC
Located in Busy Retail Area with Traffic Counts of More Than 21,400 Vehicles Per Day
Roof was Replaced in August 2013
Within Close Proximity to Salt Lake City; 20 Miles From Colorado State Border
National Surrounding Brands Include Dollar Tree, Walmart Supercenter, Petco, Lowe' s, Kmart, Staples, Days Inn, Quality Inn, Pizza Hut & much more