600 Geneva RdVineyard, UT 84058

Property Details for 600 Geneva Rd

Year built

2016

Lot size

3.32 AC

Property size (Sq ft)

69,000 SF

Property type

Investment properties

Property subtype

Office space

Description

This exceptional mixed-use investment opportunity is located at 600 S Geneva Rd, Orem, Utah, in Utah County, zip code 84058. The property boasts a substantial 69,000 square feet of net rentable space within a single, five-story building constructed in 2016. Situated on a generous 3.315-acre lot, this property offers a diverse range of amenities, including a pond, a full-size basketball court, and dedicated athletic facilities, in addition to a wrestling gym. The building currently enjoys a 95% occupancy rate, generating a strong net operating income (NOI) of $1,020,646. The property's diverse tenant mix includes office spaces and residential units, making it an attractive investment for a variety of buyers. The property is currently configured to serve the needs of Telos U, a provider of inpatient and outpatient adolescent therapy. This sale/leaseback opportunity presents a unique chance to acquire a high-performing asset in a desirable location. The property's substantial size, strong NOI, and diverse amenities make it an ideal investment for those seeking a stable and high-return opportunity in the Utah market. The property's location in Orem, Utah offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property with significant upside potential.

Location Insight

City

Vineyard

County

Utah

State

Utah

Latitude

40.2815

Longitude

-111.773

FAQs

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