4554 Forestdale Dr - Light Manufacturing FOR SALE


Park City, UT 84098
$2,450,000 USD
435-659-4757
4554 Forestdale Dr, Park City, UT for Sale
$2,450,000 USD
Light Manufacturing - FOR SALE
1/33
null | 5% Cap Rate

4554 Forestdale Dr
Park City, UT 84098


HIGHLIGHTS

  • Trophy Investment Opportunity - Leaseback Above Market Rates

OVERVIEW

Experience one of the finest finished flex space opportunities within the development at 4554 N Forestdale Drive #F39. Originally designed and built by renowned Park City interior design firm Alder & Tweed Interior Design, this 3,600 SF luxury flex unit blends warehouse functionality with elevated showroom quality finishes rarely seen in today’s market. What truly separates this opportunity from the competition is the Seller’s willingness to execute a leaseback above current comparable lease rates, creating an investor focused opportunity with projected cap rates exceeding 5%. For buyers seeking immediate cash flow combined with long term appreciation potential, this offering checks all the boxes. The main level features a 14 ft oversized garage door, warehouse/storage space, finished offices, a designer bathroom, and an impressive conference room ideal for client meetings and team collaboration. Upstairs is a true showpiece with luxury showroom level finishes currently utilized as executive office space. The upper level includes a statement kitchen with top tier appliances and custom finishes, three large office/bedroom spaces, and two private rooms ideal for confidential meetings, podcasts, calls, or executive workspaces. A significant portion of the property’s value is tied directly to the extensive custom built ins and high end improvements installed by Alder & Tweed, creating a level of finish and functionality that would be extremely costly to replicate today. Ideal for investors, business owners, creative firms, automotive enthusiasts, or buyers seeking a premium work/live style environment in the Park City market.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

#39

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

undefined, Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

UTILITIES

Lighting - undefined, Gas - Natural, Water, Sewer, Heating - Electric

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

3

LAND DETAILS

LAND ACRES

3.2

LAND SF

139,392

ZONING

SC

APN/PARCEL ID

PEIIBCC-39-AM

ASK ABOUT THIS PROPERTY

Jonathan CrosswhiteFlex Space - Mixed Use DevelopmentMore Info
435-659-4757

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Jonathan CrosswhiteFlex Space - Mixed Use DevelopmentMore Info
435-659-4757

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