For Sale
$750,000

413 620 American Fork, UT 84003

Utah Industrial Flex Space: Sale/Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 2,290-square-foot flex space in American Fork, Utah, presents a unique investment opportunity. Priced at $750,000, this property boasts a compelling 5.90% cap rate. The building features a 2,060-square-foot warehouse and a 230-square-foot office, ideal for owner-occupancy or a sale-leaseback arrangement. The current owner is willing to lease back the space, providing immediate income potential. The warehouse is climate-controlled, offering year-round comfort. The unit includes a 14-foot ground-level door, 200-amp 3-phase power, and a mezzanine for additional storage. A single office is located on the main floor. This property is conveniently located just 0.5 miles from I-15, providing easy access to major transportation routes. The 18-foot ceiling height in the warehouse maximizes storage and operational efficiency. This is a gross lease, simplifying management and cost predictability. The property is a single-tenant building, minimizing management complexities. This is a rare opportunity to acquire a well-maintained flex unit in a desirable location. The property is offered for sale and is suitable for an owner-user or a sale-leaseback transaction.

Highlights

  • 2,290 SF flex space with 2,060 SF warehouse and 230 SF office.
  • 0.5 miles from I-15 freeway.
  • Features a 14' ground-level door, 200-amp 3-phase power, climate-controlled warehouse, mezzanine storage, and a single office.
  • Owner-user or sale-leaseback opportunity available.

Property Details for 413 620

Property type
Industrial properties, Flex space
Square Feet
2,290 SF

Location Insight

City
American Fork
County
Utah
State
Utah
Latitude
40.364334941507
Longitude
-111.78752568273

FAQs

What type of property is this?
Industrial property - Utah Industrial Flex Space: Sale/Leaseback
Where is the industrial property located?
The property is located at 413 620 American Fork, UT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,290 SF flex space with 2,060 SF warehouse and 230 SF office.; 0.5 miles from I-15 freeway.; Features a 14' ground-level door, 200-amp 3-phase power, climate-controlled warehouse, mezzanine storage, and a single office.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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413 620
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