nnn single tenant retail investment for...

This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through this office. The above information, while not guaranteed, has been secured from sources we believe to be reliable.

Exclusively Marketed by SITUS RETAIL GROUPwww.situsretail.com

NNN Single Tenant Retail Investment For Sale

Taylor [email protected]

801.838.9628

Hunter [email protected]

801.838.9630

OFFERING MEMORANDUMAdvance Auto Parts (Tenant) | 1585 North Main Street | Logan, Utah

Advance Auto Parts (Tenant)Logan, UT



Property Address: 1585 North Main St | Logan, UT 84341Total Parcel Size: 0.99 AcresBuilding Size: 9,510 SFLease Expiration: Tenant: Advance Auto Parts

Rent Schedule: 15 Year Primary Term (NNN) Years 1-15: $100,000/Year ($8,333.33/month) Three 5-Year Options (5% Increases Every 5 Years) Years 16-20: $105,000/Year ($8,750.00/month) Years 21-25: $110,250 ($9,187.50/month) Years 26-30: $115,762.50 ($9,646.88/month)

Sale Price: $1,740,000NOI: $100,000Cap Rate: 5.75%

Landlord Responsibilities: Landlord shall be responsible for the maintenance, repair and/or replacements to the plumbing (under slab and leased premises, excluding inside of building), slab, foundation and structure.

Tenant Responsibilities: Tenant shall be responsible to maintain, repair and replace the entire leased premises except for any items of which are the Landlord’s responsibility as described above.

Executive Summary

15 YearsPrimary LeaseExpires 2032




Advance Auto Parts

NYSE: AAPEmployees: 74,000Annual Revenue: $9.57 Billion (2016)Number of Stores: 5,189 (2016)Credit Rating: BBB- (S&P)

Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive replacement parts, accesso-ries, batteries, and maintenance items. It operates stores that offer brand name, original equipment manufacturer, and pri-vate label automotive products, including alternators, batteries, belts and hoses, brakes and brake pads, chassis parts, climate control parts, clutches, driveshafts, engines and engine parts, ignition parts, lighting, radiators, starters, spark plugs and wires, steering and alignment parts, transmissions, water pumps, and windshield wiper blades; accessories, such as air fresheners, automotive paint, anti-theft devices, emergency road kits, floor mats, ice scrapers, mirrors, seat and steering wheel covers, and vent shades; chemicals comprising antifreeze, brake and power steering fluid, car washes and waxes, freon, fuel additives, and windshield washer fluid; and oils, transmission fluids, and other automotive petroleum products for domestic and import-ed cars, vans, sport utility vehicles, and light and heavy duty trucks. The company also provides battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics, loaner tool programs, and oil and battery recycling services, as well as loaner tool programs. In addition, it sells products online. The company serves do-it-yourself, do-it-for-me, or commercial customers in the northeastern, Mid-Atlantic, and southeastern regions of the United States. As of De-cember 31, 2016, it operated 5,189 stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. The company was founded in 1929 and is headquartered in Roanoke, Virginia.

Tenant Profile

5,189Stores

74,000Employees

$9.57BAnnual

Revenue

BBB-S&P Credit

Rating




Major Tenant Aerial

Supercenter

Supercenter

LOGAN-CACHEAIRPORT

91

91

91

91

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89

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Wellsville Wellsville

RiverHeights

Providence

NorthLogan

Amalga

Smithfield

Logan

Nibley

Millville

HydePark

SITE

28,118Current Utah StateUniversity Student

Enrollment

Utah State University




Aerial Photo

SITE

32,000Current Average

Daily Traffic




Aerial Zoom

Supercenter

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FUTURE




Site Plan

FULLACCESS

+/-124’

+/-

82

’

+/- 9,510 SF

37 EXISTING PARKING STALLSWITHIN PROPERTY

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LOADING AREA

Ma

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Drone Photos

MAIN ST 1600 NORTH




Photos

April 2017Store Opening




2017202220102000 % % %

< $25,000$25,000 - $49,999$50,000 - $74,999$75,000 - $99,999$100,000+

IndustrialManufacturingCommercialOfficeOther

WhiteBlackAmerican IndianAsian & PIOther

MaleFemale

Population 25+No high school diplomaHigh school graduateSome collegeCollege graduateGraduate/professional degree

HousingTransportationFood at homeFood away from homeLife insurance & pensionsEntertainmentHealthcareApparel & related servicesOther

64,965

861 1.185.8

1.3

Source: Scan/US 2017 Estimates (Jan 1), US Census, InfoGroup 2017 09/27/2017

11,372 58,382

6,820 48,327

81,474

61,57174,174

12,646

2017 Demographic Summary Scan/US, Inc.

1585 N Main St: Logan,UT 84341:Site located at 41.76107, 111.83451

9,803 53,240

3 mi ring1 mi ring 5 mi ring

90,434

Page 1 of 1

0.6186 1.6

8.41,151 10.1 5,066 8.7

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1,481 34.0 5,937 30.3

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1,126 25.9 4,811 24.6

4,351 19,571

300 6.9 1,996 10.2

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169,21966,402

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23.9 7,575 26.4

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10,768 4.8

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19,602 8.7

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$50,290 $63,569

40,385

299 32.5 798 28.1 98026 135

37,809

81,066 418,165 581,3501,713,878

Population

Race

Hispanic population

Average household size

Median household income

Households

Household

Average household income

Average consumer spending

Total employees

Consumer spending (total annual, $000)

income

Business establishments

Sex

Median age

Education 5,599

5,635 49.6 28,904

9,350

29,478 41,089

1,748 9,096 13,283

3,4221,276 22.8 5,322 18.6 8,079

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00

W

17

00

E

20

0 W

HWY 240

4000 S

600 S

WINCHESTER ST

2700 N

CE NTER ST

HA

LE

ST

BL

UF

FR

D

1500 N

200 S

LOS

TC

RE

EK

RD

STATE HWY

MA

IN ST

BO

UN

TIFU

LB

LVD

FR

ON

T S

T

LIT

TL

ES

AH

AR

AM

AIN

RD

46

50

W

600 N

PORTER LN

MA

IN S

T

BECK

ST

TRAVERSE RIDGE RD

MA

IN S

T

MA

IN S

T

2575 N 2600 N

1600 N

GENTILE S T

84

00

W

BA

NG

ER

TE

R P

KW

Y

1900 N

4850 E

700 S

RO

WL

EY

RD

RO

WL

EY

RD

200 S

ST

AT

E R

D

400 N

LINCO

LNBEACH

RD

11000 S

MAIN CANYON RD

300

W

90

0 W

MA

INS

T

HW

Y 8

2

HWY 113

50

0 W

HW

Y202

11400 S

10

00

W

2700 S

300 S

LITTLE COTTONWO OD RD

STATE ST

STAT

E S

T

500 S

MA

IN S

T

7500 S

HWY 30

HWY 30

US 6

10

00

W

YOU NG ST

US

91

43

50

W

1975 N

HWY 54

5300 S

MA

IN ST

MA

IN S

T

4420 S

300 S

HIL

L F

IEL

D R

D

SOUTH FRONTAGE RD

DRAPER PKWY

MA

IN S

T

102

0 E

13100 S

ME NDON RD

100

E

1300 N

800 S

20

00

E

HW

Y18 6

SOUTHW

EBERDR

1200 S

40

00

W

FA

SH

ION

BLV

D

200 N

MAIN ST

32

00

W

12

00

W

ALPINE LOOP RD

AL

PIN

EL

OO

PR

D

30

00

W

GE

NE

VA

RD

CLARK LN

OL

DH

IGH

WA

Y9

1

80

0 E

PONY EXPRESS PKWY

HO

ME

ST

EA

DD

R

13200 S

HW

Y 96

HW

Y 96

HWY 96

MA

IN S

T

MA

INS

T

13800 S

MAIN ST

1500 N

20

00

W2

00

0 W

STATE RD

HWY 138

JO

RD

AN

GA

TE

WA

Y

HWY 222

1300 S

PO

NY

EX

PR

ES

SP

KW

Y

LAKE CREEKRD

WA

LL

AV

E

200 S

100 S

PO

NY

EX

PR

ES

S P

KW

Y

HW

Y 142

CE

NT

ER

ST

31

00

W

63

60

E

GORDON AVE

10

0 E

CANYON RD

HWY 1

98

56

00

W5

60

0 W

20

0 E

HARRISVILLE RD

HW

Y 23

CE

NT

ER

ST

6200 S

MA

IN S

T

MA

IN S

T

36

00

E

900 S

1600 N

MO

RG

AN

VA

LL

EY

DR

MO

RG

AN

VA

LL

EY

DR

47

00

W

ECH

O RD

WE

ST

RO

UN

D V

AL

LE

Y D

R

EAST

HE

NE

FE

RR

D

OLD

SNOWBASIN RD

56

00

W

LOGAN RD

HOBBLE CREEK RD

32

00

W

AIRPORT RD

US

89

SB

36

00

W

80

0 W

HW

Y 7

7

HWY 16

OLD BINGHAM HWY

12300 S

4300 N

31ST ST

13400 N

CE

NT

ER

ST

HW

Y 1

3

HW

Y 1

3

NO

RT

H C

OU

NT

Y B

LV

D

6400 N

400 S

FO

RE

ST

SE

RV

ICE

RD

162

OL

D L

INC

OL

N H

WY

185 E

HARRISVILLER

D

1700 S

50

0 E

MAIN ST

40

0 W

9100 S

800 S

18

00

E

PIONEER RD

CH

UR

CH

ST

300 N

10

0W

30

0 W

19

00

W

20

0 E

9800 S

PARKWAY BLVD

5400 S

MA

IN S

T

OAK HILLS DR

KN IGHT DR

CEDAR VALLEY RD

TR

APPERS

LOOP RD

31ST ST

60

00

W

2600 N

CE

NT

ER

ST

500 S

48

00

W

70

0 W

21ST ST

US

89

600E

4500 S

7300 S

7200 N

US 189

4800 N

CLARK LN

50

0 W

LAKE PARK BLVD

SHIELDS LN

US 91

US

91

US 9

1

US 9

1

WASATCH BLVD

WA

SA

TCH

BLV

D

13800 S

KEARNS BLVD

200 S

2600 S

1600 S

CO NSU MERS RD

US

89

OGDEN CANYON

UN

IVE

RS

ITY

AV

E

MT AIRERD

AL

PIN

EH

WY

MA

IN S

T

FAIR

FIELD

RD

US

89

HA

RR

ISO

N B

LVD

HERRIMAN HWY

HW

Y 3

2

2000

E

HWY 14 2

16

00

W

70

0 W

20

00

W

11600 S

2700 S

16800 N

FO

RT

LN

HWY 201

HWY 193

MIDWAY LN

LO

WE

RR

ED

CR

EE

KR

D

5350 E

30

0 W

48

00

W

MAPLE S T

4400 S

33

00

E

JAG

UA

R D

R

HW

Y 3

8

HW

Y 3

8

HW

Y 38

STATE ST

700 N

SKYE DR

600 S

6400 S

400 S

59

00

W

LITTLE SAHARA MAIN RD

6400 S

9120 S

7800 S

HWY 193

MIN

UT

EM

AN

DR

HW

Y 199

HWY 199

H WY 199

HWY 264

HWY 264

31

00

E

650 N

1100 N

59

00

W

RE

DW

OO

D R

DR

ED

WO

OD

RD

RE

DW

OO

D R

DR

ED

WO

OD

RD

STARK RD

HWY 132

HWY 132

HW

Y3

2

HWY 32

ME

AD

OW

VIL

LE R

D

17

00

W

DAYBREAK PKWY

20

00

W

I-80 FRONTAGE RD

1900 N

RE

DW

OO

D R

D

RE

DW

OO

DR

D

MAIN ST

1300 N

LITTLE COTTONWOOD CANYON

71

00

E

US

91

HW

Y 218

690

0 E

1100 N

HWY 142

HWY 30 HWY 30

GO

SH

EN

RD

STODDARD LN

80

0 W

300

0 W

E MIGRATION CANYON

RD

US189

U S 1 89

US

189

45

00

W

12000 N

HIG

HLAND DR

HW

Y 8

1

HWY 73

4000 S

HW

Y1

65

1600 S

UNIVE RSITY PKWY

1000 N

HWY 101

HWY 101

HW

Y 23

HW

Y 2

3

56

00

W

95

50

WA

IRP

OR

TR

D

4100 N

ELLERBECK RD

6200 N

1250 S

2425 N

MA

IN S

T

10

00

W

8000 S

MA

INC

AN

YO

NR

D

MA

IN S

T

600 N

CHALK CREEK RD

CHALK CREEKR

D

CH

ALK

CR

EE

KR

D

HW

Y 68

78

00

E

HW

Y 2

8

HW

Y132

HWY 132

HWY 132

HWY 35

HW

Y 3

5

HWY 35

HW

Y35

HW

Y 3

5

US

91

HW

Y 2

24

40

0 E

MIDD

LEC

AN

YON

RD

CE NTER ST

MAIN ST

18400 N

10600 N

TC02454

HINCKLEY DR

24

00

E

HW

Y 1

13

GUARDSMAN PASS RD

51

00

E

LA

KE

RD

WA

TE

R T

RO

UG

H R

D

155

0

W

HWY 126

317

5 E

BU

RM

ES

TE

R R

D

US

89

US

40

US

40

900 S

HW

Y 6

8

11600 S

BLUFFRD

BE

AR

LA

KE

BLV

D

BEARLA

KE

BLV

D

HW

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58

6100 S

10

0E

TAYLORSVILLE EXPY

HWY 32

HWY 32

1850 N

SA

LT C

RE

EK

CA

NY

ON

TIMPANOGOS HWY

1400 N

CO

NS

TIT

UT

ION

BLV

D

HWY 315

11200 N

2300 N

MAIN ST

ECHO DAM RD

US

40

EB

STATE RD

CE NTER CREE K RD

CE NTER ST

11600 N

4650 E

2150 N

29

00

W

US

40

WB

HWY 112

1100 S

HW

Y2

52

20

00

W

300 N

US

89

US

89

95

50

W

HW

Y 1

3

1400 N

LE HI FAIRFIE

LDR

D

CIO

CH

ETT

OC

AN

YO

NR

D

CROYD

ON

RD

TH

EM

ON

AR

D

MA

IN S

T

FAU ST VALLEY RD

15200 S

US

6

CE NTER ST

SOU TH WILLOW C ANYONRD

OLD HIGHWAY 148

11800 N

54

00

W

60

00

W

MA

INST

ROUNDVALLEY DR

US 40

US

40

US 40

US

4 0

US 40

US 40

US 40

BLACKSMITH FORKCANYON

US

89

US

89

US

89

US

89

NEW BINGHAM HWY

HWY 102

HWY 39

HW

Y 39

7200 S

MAIN ST

26400 N

PARKW AY BLVD

MA

IN S

T

11000 S

BA

NG

ER

TE

R H

WY

BANGE RTE R HWY

HW

Y 23

MO

RM

ON

TR

AIL

RD

MO

RM

ON

TRA

IL RD

25

0 W

HWY 218

HW

Y 8

3

HW

Y83

HWY 83

HWY 83

US 6

US 6

CE

DARFORT RD

CEDAR FORT RD

HW

Y 111

BLACKROCK RD

MO

UN

TA

INH

OM

ER

D

HW

Y2

24

3750 E

80

0 W

HW

Y3

9

2050 N

1900 S

HW

Y 39

EA

ST

PR

OM

ON

TO

RY

RD

EA

ST

PR

OM

ON

TO

RY

RD

EA

ST

PR

OM

ON

TO

RY

RD

2 400E

35

00

E

11200 N

GOLDEN SPIKE DR

US

40

HWY 141

DIAMOND FORK RD

DIA

MO

ND

FO

RK

RD

BA

CC

HU

S H

WY

HW

Y3

6

CA

NY

ON

RD

US 1

91

US

19

1

US

19

1

HWY 31

HWY 31

HWY 248

HWY 248

LINCOLN HWY

SU

NC

RE

ST

DR

400 S

BROWNS

CANYON RD

500 N

GO

SH

EN

CA

NY

ON

RD

1400 N

OPHIR CANYON RD

US

189

WE

BE

RC

AN

YO

NR

D

WEBER CANYON RD

WEBER CANYON RD

16800 N

US 6

US

6

US

6

US

6

25800 N

60

00

W

12

80

0 W

12

80

0 W

IOW

A S

TR

ING

RD

21

20

0 W

3000 N

36

00

W

18

15

0 W

HW

Y7

3

HW

Y73

HWY 73

18

00

0 W

18

00

0 W

ST

RA

WB

ER

RY

RD

ST

RA

WB

ER

RY

RD

70

00

E

HW

Y 2

43

RA

YS

VA

LL

EY

RD

RA

YS

VA

LL

EY

RD

HW

Y 1

6

HW

Y 16

MO

NT

EC

RI S

TO

RD

US 89

US

89

US

89

US

89

US 89

MONTE CRISTO RDM

ONTE

CRISTO

RDMONTE CRISTO R

D

FR

ON

TA

GE

RD

HILL TOP RD

LIT

TL

ES

AH

AR

AM

AIN

RD

HW

Y1

44

SNOWBASIN RD

NE

BO

LO

OPRD

NEBOLO

OP

RD

NE

BO

LO

OP

RD

NE

BO

LOO

PR

D

HWY

66

HW

Y 66

EA

ST

RO

UN

D V

AL

LEY

DR

HW

Y 16

HWY 16

SAN

TAQ

UIN

CA

NYO

NR

D

HWY 30

HWY 30

ANTELOPE ISLAND CAUSE WAY

MA

NH

EA

D R

D

ECHOCANYON

RD

HW

Y 1

6

17

20

0 W

Snowville

BearRiverCity

Corinne

Deweyville

Fielding

Portage

Tremonton

Honeyville

Willard

Howell

Mantua

Plymouth

Perry

BrighamCity

Garland

Wellsville

Hyrum

Mendon

RiverHeights

Providence

Richmond

NorthLogan

Amalga

Clarkston

Smithfield

Trenton

Logan

Newton

Cornish

Nibley

Paradise

Lewiston

Clinton

WestBountiful

Farmington

WestPoint

FruitHeights

SouthWeber

WoodsCross

NorthSalt Lake

Centerville

Kaysville

Syracuse

Clearfield

Bountiful

Nephi

Eureka

Santaquin

RockyRidge

Mona

Morgan

Holladay

WestValleyCity

Murray

Henefer

Oakley

Kamas

Coalville

Alta

MidvaleWest

Jordan

SouthSaltLake

Fountain Green Fairview

ParkCity

Francis

Vernon

RushValley

OphirOphir

OphirOphir

Stockton

Tooele

Grantsville

Roy

Ogden

WashingtonTerrace

Uintah

WestHaven

Riverdale

PleasantView

Marriott-Slaterville

Hooper

Harrisville

NorthOgden

CottonwoodHeights

SouthOgden

Scofield

Helper

Sandy

SouthJordan

EagleMountain

CedarFort

Fairfield

SaratogaSprings

Alpine

HighlandCedarHills

PleasantGrove

Vineyard

Lindon

Orem

Mapleton

WoodlandHillsElk

Ridge

Genola

Lehi

Draper

HeberCity

Midway

Springville

SpanishFork

Provo

Wallsburg

CharlestonDaniel

Independence

Hideout

Woodruff

Randolph

Laketown

GardenCity

Huntsville

PlainCity

SaltLakeCity

Bluffdale

Herriman

Riverton

Draper

Goshen

Salem

Payson

Bluffdale

AmericanFork

Taylorsville

ParkCity

ParkCity

Layton

Millville

Santaquin

Elwood

HydePark

FarrWest

BO

XE

LD

ER

CO

UN

TY

CA

CH

E CO

UN

TY

BOX

ELDER

CO

UN

TY

WEB

ER C

OU

NTY

BOX ELDER COUNTY

TOOELE COUNTY

CARBON COUNTY

DUCHESNE COUNTY

CA

RB

ON

CO

UN

TY

SA

NP

ET

E C

OU

NT

Y

CARBON COUNTY

UTAH COUNTY

SALT LAKE COUNTY

DAVIS COUNTY

SALT

LAKECOUNTY

UTA

H

COUNTY

SALT LAKE COUNTY

UTAH COUNTY

SA

LT LAK

E C

OU

NT

Y

TOO

EL

E C

OU

NT

Y

CA

CHE

COUNTY

RICH COUNTY

JUAB COUNTY

SANPETE COUNTY

JUAB

COUN

TY

UTAH

CO

UN

TY

JUA

BC

OU

NT

Y

UT

AH

CO

UN

TY

JUA

BC

OU

NTY

UTA

HC

OUN

TY

JUAB COUNTY

TOOELE COUNTY

JUABCO

UNTY

TOOELECOUNTY

WEBER COUNTYDAVIS COUNTY

WEBER COUNTYMORGAN COUNTY

WEBER COUNTY

MORGANCOUNTY

WASATCH COUNTYSUMMIT COUNTY

WA

SA

TC

H C

OU

NT

YD

UC

HE

SN

E C

OU

NT

YW

AS

AT

CH

CO

UN

TY

DU

CH

ES

NE

CO

UN

TY

WASATCH COUNTYUTAH COUNTY

WA

SA

TC

HC

OU

NT

Y

UT

AH

CO

UN

TY

WASATCH COUNTY

UTAH

COUNTY

WASATCH

COU

NTY

UTAH

CO

UN

TY

SUMMIT COUNTY

DUCHESNE COUNTY

SU

MM

ITC

OU

NTY

RIC

H C

OU

NTY

SU

MM

ITC

OU

NT

Y

MO

RG

AN

CO

UN

TY

SUMMITCOUNTY

MORGAN COUNTY

DU

CH

ES

NE

CO

UN

TY

UT

AH

CO

UN

TY

DA

VIS

CO

UN

TY

MO

RG

AN

CO

UN

TY

DA

VIS

CO

UN

TY

TOO

EL

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OU

NT

Y

SANPETE COUNTY

UTAH COUNTY

SA

NP

ET

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OU

NT

YE

ME

RY

CO

UN

TY

UTA

HC

OU

NT

Y

TO

OE

LEC

OU

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1 Mile

3 Mile

5 Mile

Site Demographics

$52K5-Mile Median

HH Income (Do-it-YourselfDemographic)




Cache County Economic Snapshot

Cache County State of Utah United States

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

-5%

0%

5%

Recession

ECONOMIC SNAPSHOTCache County MARCH 2017** Cache County State of Utah United States

2.2% 3.1% 1.5%

How's the economy?

Cache County continued expanding its employment base, despite a large setback from one employer in the financeindustry. The construction sector took the lead this quarter, driving employment growth. Unemployment remainsabout as low as it can get, and taxable sales were up 10.4 percent with particular strength in retail markets.Average wage growth ticked up, as it did statewide, and the overall economic outlook remains strong.

JobsCache County employment held steady at 2.2 percent in March after growing 2.1 percent year-over in December 2017. Despitesomewhat lethargic growth, the county still added 1,258 jobs since March 2016.

The primary drag on growth was the finance/insurance/real estate sector which shed nearly 400 jobs over the last year. Inparticular, activities related to credit intermediation, which includes payday lenders, lost over 300 jobs.

Fortunately, the construction sector picked up the slack adding almost 500 new jobs, primarily in new single-family homeconstruction, since March 2016.

-115

-369

484

101

134

320

124

117

397

61

5 Mining

Construction

Manufacturing

Trade/Transport/Util

Information

Financial Activities

Prof/Business Svcs

Ed/Health/Social Svcs

Leisure/Hospitality

Other Services

Government

-16.9%

-19.6%

41.7%

21.1%

0.9%

1.6%

5.5%

1.8%

2.5%

5.9%

2.8%

Government24%

Trade/Transport/Util15%

Manufacturing19%

MiningConstructionManufacturingTrade/Transport/UtilInformationFinancial ActivitiesProf/Business SvcsEd/Health/Social SvcsLeisure/HospitalityOther ServicesGovernment

11.0%-7.2%

-7.2% 11.0%

* Preliminary. Source: U.S. Bureau of Labor Statistics; Utah Department of Workforce Services.

Updated 8/31/2017Utah Department of Workforce Services

Employment Share 12 Months ending MARCH 2017**

1,258

Select AreaCache County

Year-to-Year Change in Nonfarm Jobs

ECONOMIC SNAPSHOT Cache County

2009 2010 2011 2012 2013 2014 2015 2016 2017

0%

5%

10%

Recession

8.0%

2.8%

2.8% 8.0%

Seasonally Adjusted Unemployment Rate JULY 2017


2.8% 3.5% 4.3%

Initial Claims for Unemployment Insurance YTD AUGUST 19, 2017

Wee

k 2

Wee

k 4

Wee

k 6

Wee

k 8

Wee

k 10

Wee

k 12

Wee

k 14

Wee

k 16

Wee

k 18

Wee

k 20

Wee

k 22

Wee

k 24

Wee

k 26

Wee

k 28

Wee

k 30

Wee

k 32

Wee

k 34

Wee

k 36

Wee

k 38

Wee

k 40

Wee

k 42

Wee

k 44

Wee

k 46

Wee

k 48

Wee

k 50

Wee

k 52

20

40

60

MiningConstruction

ManufacturingWholesale Trade

Retail TradeTransportation and Warehouse

InformationFinancial Activities

Professional/Business ServicesEducation/Health/Social Svcs

Leisure and Hospitality SvcsOther Services

Public AdministrationFederal Employer

MilitaryOther

Agriculture/Forestry/Fishing

263

120

71

12

14

28

9

TotalMining

ConstructionManufacturing

Trade, Transportation, and UtilitiesInformation

Financial ActivitiesProfessional and Business Services

Educational, Health and Social Servic..Leisure and Hospitality

Other ServicesGovernment

Covered Ag/Forestry/Fishing/Hunting*

$3,950

$3,820

$3,310

$3,130

$2,380

2009 Q1 2011 Q1 2013 Q1 2015 Q1 2017 Q1

$2,500

$3,000

$3,500

Recession

Four-Quarter Moving Average

Average Monthly Wage* FIRST QUARTER 2017

Cache County's unemployment rate remains the lowest in the state at 2.8 percent, falling even more from last month's 3.0 percent.

Initial unemployment claims are very low this year and are part of the influencing factor in determining a county's unemploymentrate.

Wage growth jumped considerably across the whole state in Q1 2017. Cache County average wages climbed to 5.9 percent yearover growth after slowing to a near standstill in Q4 2016. This pattern was seen broadly across most private sector industries andis likely attributable to businesses shifting bonus pay, and other distributions from Q4 2016 to Q1 2017 with the expectation of m..

Unemployment & Wages

*Preliminary. Source: U.S. Bureau of Labor Statistics and Utah Dept of Workforce Services.


2015 2016 2017

Utah Department of Workforce Services AREA PARAMETERCache County

2.8%Cache County

Unemployment Rate (Lowest in Utah)

For More Information, Please Contact:

Taylor DeBryRetail Specialist

[email protected]

Hunter ToddRetail Specialist

[email protected]



nnn single tenant retail investment for...

Documents