1318 E Eagle Mountain Blvd - Medical FOR SALE


Eagle Mountain, UT 84005
$5,499,990 USD
801-230-8192
1318 E Eagle Mountain Blvd, Eagle Mountain, UT for Sale
$5,499,990 USD
Medical - FOR SALE
1/10
null | 5.51% Cap Rate

1318 E Eagle Mountain Blvd
Eagle Mountain, UT 84005


HIGHLIGHTS

  • Anchored by Intermountain Health (IHC) — Utah's largest healthcare system on a 10-year NNN lease of the entire 7,097 SF main floor
  • 9.5-year WALT with 3% annual escalations on all in-place leases
  • 86% pre-leased new construction — Class A medical office delivering September 2026
  • $302,880 NOI at a 5.50% cap — priced at bank-supported valuation
  • NNN leases at $30.00/SF — minimal landlord responsibilities
  • Built-in upside: final 1,434 SF suite available; stabilizes at 100% occupancy

OVERVIEW

1318 E Eagle Mountain Blvd presents a rare opportunity to acquire a newly constructed Class A medical office investment anchored by Intermountain Healthcare, one of the region's most recognized healthcare providers. Scheduled for completion in September 2026, the property consists of 10,096 rentable square feet on a 0.96-acre parcel positioned along Eagle Mountain's primary commercial corridor. The building is strategically designed to serve the rapidly expanding healthcare needs of one of the fastest-growing communities in the United States. The 7,097-square-foot ground floor is fully leased to Intermountain Healthcare, providing a strong credit anchor and institutional-quality tenancy. An additional 1,565 square feet on the second floor is subject to a signed Letter of Intent with a mental health provider, bringing the project to approximately 86% committed occupancy prior to completion. Ownership's objective is to lease the remaining 1,434 square feet prior to disposition, delivering a fully stabilized asset to the market. The remaining space is being actively marketed to complementary medical, behavioral health, and professional office users, creating an opportunity for future ownership to acquire a newly constructed, fully leased medical office investment with minimal lease-up risk. The second floor is designated for professional or medical administrative office use, creating a synergistic environment for healthcare and professional service providers. Eagle Mountain's population has grown from fewer than 250 residents in 1996 to more than 70,000 residents today and is projected to exceed 175,000 residents at full build-out. Continued residential development, combined with significant regional investment from employers including Meta, Tyson Foods, Walmart, and other major corporations, has accelerated demand for healthcare, professional services, and commercial real estate throughout the market. With limited Class A medical inventory, strong demographic fundamentals, and Intermountain Healthcare serving as the anchor tenant, 1318 E Eagle Mountain Blvd represents a unique opportunity to acquire a newly constructed, fully stabilized medical office asset in one of Utah's fastest-growing communities. Square footage figures are provided as a courtesy estimate only and were obtained from building plans. Buyer is advised to obtain an independent measurement.

FOR SALE DETAILS

PRICE

$5,499,990 USD

PRICE/SF

$545 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Eagle Mountain Medical Office and Retail

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Residential, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

CN

APN/PARCEL ID

59-044-0505

ASK ABOUT THIS PROPERTY

Ben NielsenKeller Williams Salt Lake CityMore Info
801-230-8192

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

Ben NielsenKeller Williams Salt Lake CityMore Info
801-230-8192

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