845 N State St - Freestanding FOR SALE


Orem, UT 84057- Bonneville
$1,900,000 USD
801-425-3655
845 N State St, Orem, UT for Sale
$1,900,000 USD
Freestanding - FOR SALE
1/5
null | 8.22% Cap Rate

845 N State St
Orem, UT 84057
Bonneville


OVERVIEW

Great Value Add Opportunity! .77 Acres 9,287 square feet split between two buildings Existing Cap Rate of 3.17% with Proforma of 8.22% Short term leases in place One of the busiest intersections in Utah County 46,172 AADT on State Street 37,498 AADT on 800 North Access from State Street and 800 North (Canyon Parkway)

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

8.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

-

APN/PARCEL ID

17-039-0038

ASK ABOUT THIS PROPERTY

Chase BryanAnderson CRGMore Info
801-425-3655

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Chase BryanAnderson CRGMore Info
801-425-3655

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