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151 3450Spanish Fork, UT 84660

Net-leased warehouse, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A industrial property, located at 151 E 3450 N in Spanish Fork, Utah, presents a compelling investment opportunity. The 212,685-square-foot facility, built in 2001 and renovated in 2024, sits on an 11.26-acre lot and features a single, 100% occupied tenant under a net lease. The building boasts 13 dock-high doors and a 28-foot ceiling height, ideal for manufacturing and warehouse operations. Its strategic location offers excellent I-15 visibility and access, further enhanced by the planned I-15/2700 North Interchange (completion in 2026), providing direct north and south access. The property is zoned LI and comprises one, two-story building. The lease has 12 years remaining with annual rent increases of 3%, providing consistent, passive income. This investment benefits from its location in Utah County, a region experiencing significant industrial development, housing growth, and job creation, representing 39% of the state's population growth in 2023. This property offers a secure, high-return investment in a thriving market.

Highlights

  • Class A industrial warehouse and manufacturing facility, 212,685 SF.
  • Credit-backed, net lease with single tenant.
  • Excellent I-15 visibility and access.
  • Improved access via planned I-15/2700 North Interchange (2026).
  • Located in Utah County, a high-growth area representing 39% of the state's 2023 population growth.
  • Eight-minute proximity to University Avenue/I-15 BYU exit.

Property Details for 151 3450

Property type
Warehouses, Industrial properties
Square Feet
212,685 SF
Class
A
Year Built/Renovated
2001/2024
Buildings
1
Stories
2
Lot Size (sq. ft)
490,486 SF

Location Insight

City
Spanish Fork
County
Utah
State
Utah
Latitude
40.155135
Longitude
-111.653818
151 3450, Spanish Fork, Utah

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151 3450
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