For Sale
$10,790,000

2210 3000 Heber City, UT 84032

Class A Flex Space, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a fully leased, Class A industrial portfolio totaling 46,193 square feet in Heber City, Utah. The property, constructed in 2020, comprises five units across a single, one-story building situated on a 4.51-acre lot. Currently 100% occupied by three tenants under NNN leases with a remaining term of three years and 3% annual rent bumps, this asset offers a strong 5.71% cap rate. The property features 28-foot ceilings, two loading docks, and is zoned C-1. Individual units are also available for purchase, priced at $2,180,000 each. This represents a rare opportunity to acquire a high-quality, new construction industrial asset in a rapidly growing market with limited comparable properties. The property's location in Wasatch County provides access to world-class amenities and benefits from strict local development standards that limit new construction. The asking price for the entire portfolio is $10,790,000. APN numbers are 00-0021-5608, 00-0021-5609, 00-0021-5607, 00-0021-5606, and 00-0021-5605.

Highlights

  • $10,790,000 asking price for a 46,193 square foot industrial property.
  • 100% occupancy with three tenants.
  • 3-year remaining lease term with 3% annual rent bumps.
  • 2020 construction, Class A building.
  • Located in Heber City, UT, on a 4.51-acre lot with C-1 zoning.

Property Details for 2210 3000

Property type
Warehouses, Life science properties
Square Feet
46,193 SF
Class
A
Year Built
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
196,456 SF
Units
5

Location Insight

City
Heber City
County
Wasatch
State
Utah
Latitude
40.47108440379
Longitude
-111.44946198354

FAQs

What type of property is this?
Warehouse - Class A Flex Space, 100% Leased
Where is the warehouse located?
The property is located at 2210 3000 Heber City, UT.
What is the asking price?
The asking price for this property is $10,790,000.
What are key features of this property?
This property features: $10,790,000 asking price for a 46,193 square foot industrial property.; 100% occupancy with three tenants.; 3-year remaining lease term with 3% annual rent bumps.
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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2210 3000
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