Spring Hills Plaza
Located at 1190 N. Main St., Springville, UT 84663 Spring ills Plaza presents an excellent investment opportunity with immediate cash flow. Situated in a high-visibility location with 35,000 ADT, this commercial retail property benefits from the upcoming Springville Gateway Project, set to enhance area appeal and property values.
Brand new roof installed in 2024, 10 Units renovated, large issues have been paid for and fixed.
Offering a cap rate of 7.27%, this property comprises 12,252 SF of retail space on 0.685 AC of land. With a diverse tenant mix including businesses like Natural Nails, Dog Groomers, and Northern Title, Auto Dealers and Barbershops the property has not had any problem with occupancy for 20 years. There is still some great upside in the building and can increase rents upon purchase.
Don't miss the chance to capitalize on the high-upside location and value growth potential of Spring Hills Plaza. This property presents a rare opportunity to invest in a growing, revitalized commercial corridor, ensuring both short-term income and long-term appreciation.