457 N Old Highway 91 - Industrial FOR SALE


Hurricane, UT 84737
$20,000,000 USD
435-359-4901
457 N Old Highway 91, Hurricane, UT for Sale
$20,000,000 USD
Industrial - FOR SALE
1/7
null | 5.93% Cap Rate

NEW


457 N Old Highway 91
Hurricane, UT 84737


HIGHLIGHTS

  • 5.93% cap with significant upside
  • Well below cost of replacement
  • Rare I-15 frontage investment property
  • Multi-tenant industrial flex
  • 95%+ occupancy
  • Under market leases and current owner occupied spaces provide for significant upside

OVERVIEW

RARE I-15 freeway frontage leased multi-tenant industrial flex property for sale. This property has never been offered for sale before in the market. High occupancy property with significant upside on below-market rents. This is an exceptional investment opportunity in one of the fastest-growing metros in the country. Attractive masonry construction, smaller tenant spaces, 3-phase power, ample clear height, sprinkled spaces, and a shared common dock only add to the desirability of this property.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

5.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Northridge Industrial

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.03

LAND SF

393,347

ZONING

Industrial

APN/PARCEL ID

0880157

ASK ABOUT THIS PROPERTY

Travis ParryLINX Commercial Real EstateMore Info
435-359-4901

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Travis ParryLINX Commercial Real EstateMore Info
435-359-4901

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