150 E 900 N - Office FOR SALE


Richfield, UT 84701
$2,500,000 USD
918-794-9512
150 E 900 N, Richfield, UT for Sale
$2,500,000 USD
Office - FOR SALE
1/4
null | 8.5% Cap Rate

150 E 900 N
Richfield, UT 84701


HIGHLIGHTS

  • Mission-Critical Facility
  • United States Government / AA+ Credit
  • Build-to-Suit / Long-Term Stability / Commitment to This Location/Low Rents
  • Synergistic Adjacent GSA Properties
  • Well-Maintained Property
  • Richfield, Utah — Central Utah's De Facto Regional Capital

OVERVIEW

Fee simple interest in the Bureau of Land Management (BLM) property located in Richfield, Utah (the "Property"). The Property consists of a 100% leased, single-tenant, one-story, two-building 18,725-net-rentable-square-foot office/warehouse facility. The buildings were constructed in 1976 as a build-to-suit for the BLM, and the lease was just renewed for another five-year firm term at the Property commencing June 1, 2025). The Property is a mission-critical facility situated on an ample 1.73 acres that are adjacent to, and enjoy ongoing synergy with, the federal forest fire station. Immediately across the street is the U.S. Forest Service facility.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bureau of Land Managament

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

3-13-1

ASK ABOUT THIS PROPERTY

Gill WarnerNorthmarqMore Info
918-794-9512

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Gill WarnerNorthmarqMore Info
918-794-9512

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