1100 West Utah Avenue - Flex FOR SALE


Payson, UT 84651
$4,500,000 USD
801-592-8812
1100 West Utah Avenue, Payson, UT for Sale
$4,500,000 USD
Flex - FOR SALE
1/3
null | 4.29% Cap Rate

1100 West Utah Avenue
Payson, UT 84651


HIGHLIGHTS

  • SEE VIDEO LINK
  • South Side is Leased to Grade A Tenant
  • Double Cap Rate by Leasing North Side
  • Nearly 500' Frontage on Hard Corner

OVERVIEW

50% leased already generating nearly $200K annually with 8-10% CAP ATTAINABLE in months! See video for details on current lease (South half leased) and 3 more units ready for T.I. This property will produce high cap with minimal T.I. Property is setup as condominium for ultimate flexibility options and additional tenants, business condo units could be sold off individually or shell units could be quickly finished to lease out.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

4.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

AboutTime Building & Flex

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.11

LAND SF

48,352

ZONING

I-1

APN/PARCEL ID

55-745-0004

ASK ABOUT THIS PROPERTY

Ryan RemkesEpic 5 InvestmentsMore Info
801-592-8812

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Ryan RemkesEpic 5 InvestmentsMore Info
801-592-8812

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.