668 S 500 E - Auto Repair FOR SALE


American Fork, UT 84003
$2,400,000 USD
801-400-3024
668 S 500 E, American Fork, UT for Sale
$2,400,000 USD
Auto Repair - FOR SALE
1/4
null | 4.18% Cap Rate

668 S 500 E
American Fork, UT 84003


HIGHLIGHTS

  • This is an investment opportunity.
  • This is an excelled building, location and tent ant in place to enjoy long term investment. The tenant does want to be in this building long term.

OVERVIEW

This property and Building is a perfect 1031 Exchange or straight purchase. The current tenant is in his sixth year or a 20 year rental agreement. The rent is 100,300.00 this year with 3% increase every year in September, The lease type is a NNN, The tenant is very strong financially has multiple automotive repair facilities. The location is right off the freeway in north Utah County. The building has 7 working bays. Please do not contact the tenant.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

4.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,675 SF

ZONING

-

APN/PARCEL ID

41-595-0003

ASK ABOUT THIS PROPERTY

Matt LambMCL Holdings LLCMore Info
801-400-3024

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Matt LambMCL Holdings LLCMore Info
801-400-3024

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