1076 Wasatch Spg RdHideout, UT 84036

Property Details for 1076 Wasatch Spg Rd

Year built

2024

Property size (Sq ft)

1,785 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents 20 vacant units across three, two-story buildings in the burgeoning Wasatch Springs Residential Community, Hideout, Utah. Located just minutes from Park City and Jordanelle Reservoir, this new construction (2024) offers 1,785 square feet of versatile space per unit, ideal for creative offices, restaurants, or storefronts. The property boasts a Mixed zoning permit, providing flexibility for various commercial uses. Units are available in two configurations: two-story units (26ft x 44ft) with completed office space including bathrooms on each floor and kitchenette, or single-story units (26ft x 60ft) with roller door frontage and a "White Box" finish, including a Certificate of Occupancy, basic infrastructure, drywall, paint, and a completed bathroom. Each unit includes 8 parking spaces. The property is offered at $1,300,000, representing a compelling price per unit. Excellent access to the new Jordanelle Parkway provides convenient access to nearby amenities. This is a unique opportunity to capitalize on the high demand in this rapidly developing corridor. The lease type is NNN, and tenant credit is required. The remaining lease term is 5 years.

Location Insight

City

Hideout

County

Wasatch

State

Utah

Latitude

40.6757

Longitude

-111.432

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