1220 S 630 E - Office FOR SALE


American Fork, UT 84003
$15,457,000 USD
801-303-5555
1220 S 630 E, American Fork, UT for Sale
$15,457,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

1220 S 630 E
American Fork, UT 84003


HIGHLIGHTS

  • Stabilized Cash Flow with Full Occupancy
  • Anchored by Established Credit Tenancy
  • Silicon Slopes Growth
  • Strong Demographics and Expanding Employment Base

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire North Pointe E (the “Property”) located in American Fork, Utah. North Pointe E comprises one 96,609-square-foot multitenant office building situated on 6.20 acres. Originally constructed in 2014, the Property is a well-maintained suburban office asset with a strong 5.0/1,000 parking ratio and institutional-quality tenancy. Located in the high-demand northern Utah County submarket and benefiting from the continued expansion of Silicon Slopes, along with close proximity to a robust retail amenity base, the Properties are supported by strong demographics, a deep and growing employment base, and continued economic expansion.

FOR SALE DETAILS

PRICE

$15,457,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Pointe Building E

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.2 AC

LAND SF

270,195 SF

ZONING

PI-1 and GC-1

APN/PARCEL ID

47-303-0002

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

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