Bank of America NNN
For Sale
Contact for pricing
Pending
1126 N Cyn Crk Pkwy, Spanish Fork, UT 84660
Bank of America ground lease with a guaranteed remaining term and scheduled rent increases.
Property SizeContact for details
Lot Size1.04 Acres
Days on Market142
Property Features for 1126 N Cyn Crk Pkwy
General Information
Standard status
Pending
Lot size
1.04 Acres
Property subtype
Retail
Net Operating Income
$125,000
Financials
Asking Price
$2,780,000
Cap Rate
4.5%
Gross Income
$125,000
Building Details
Tenancy
Single
Listing Agency:
WPI
Listed By:
Luke Mendenhall · License #UT 5508626-SA00
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WPI
Investment Insights
Based on property information with market context.
This 1.04-acre parcel is subject to a Bank of America ground lease with 14+ years of guaranteed remaining term. The lease provides 10% increases every 5 years, establishing a defined future escalation schedule.
The property was constructed in August 2023 and is located at 1126 N Cyn Crk Pkwy in Spanish Fork, Utah. The asset is offered as an NNN property with a single ground-lease structure.
The property was constructed in August 2023 and is located at 1126 N Cyn Crk Pkwy in Spanish Fork, Utah. The asset is offered as an NNN property with a single ground-lease structure.
Key Highlights
- 1.04‑acre parcel
- Bank of America ground lease
- 14+ years of guaranteed remaining term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 84660, UT
45,959
Population
13,162
Households
3.5
Avg Household Size
28
Median Age
38%
College-Educated
94%
High-School Grad
362.2 sq mi
ZIP Area
127
Density / Sq Mi
$98,398
Median Household Income
$40,509
Median Earnings
$1,393
Median Rent
$452,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Bank of America ground lease with a guaranteed remaining term and scheduled rent increases.
Where is this nnn property located?
The property is located at 1126 N Cyn Crk Pkwy Spanish Fork, UT.
What are key features of this property?
This property features: 1.04‑acre parcel; Bank of America ground lease; 14+ years of guaranteed remaining term
