Former Mattress Headquarters in
For Sale
$8,900,000
119 E 200 N, Alpine, UT 84004
90,581 SF manufacturing and office facility in Alpine, Utah.
Property Size90,581 SF
Lot Size4.12 Acres
Price / SF$98.25
Days on Market195
Property Features for 119 E 200 N
General Information
Standard status
Active
Size
90,581 SF
Lot size
4.12 Acres
Building Details
Year Built
1990
Listing Agency:
Legend Commercial, LLC
Listed By:
Skyler Peterson · License #6991009
(801) 930-6750
Source:
Thehonorgrouputah
Added: Mar 26
Changed: Sep 20
Last Checked: Oct 5 at 7:59PM
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 Legend Commercial, LLC
Investment Insights
Based on property information with market context.
The former Purple Mattress Headquarters is available for sale, presenting an opportunity to acquire an advanced manufacturing and office site in Alpine, Utah. The specialized manufacturing facility, constructed in 1990, comprises 90,581 square feet on a 4.12-acre lot. The building features substantial power, high flow water lines, and other manufacturing infrastructure. It includes two 9'x10' dock doors with seals and levelers, one 5'x8' box height loading door, and one 14'x18' grade level door. The clear height is 20 feet. The layout includes over 17 production rooms, multiple break rooms and bullpens, and ample bathrooms. It is equipped with a wet and dry suppression system, ample heavy power, exhaust vents, floor drains, power drops, a trash compactor, water recyclers, and a water cooling system. Multiple water lines run the length of the warehouse. Additional features include gas forced heaters, swamp coolers, compressed airlines, water hookups on both levels, a three-compartment sink, eye washing stations, a powder room, and skylights throughout. The building is of masonry construction and offers ample parking. The property is located in a convenient infill location in the heart of Alpine, with access off of Timpanogos Highway. The zoning is Business Commercial.
Key Highlights
- Specialized 90,581 SF manufacturing facility with substantial power and high flow water lines.
- Convenient infill location in the heart of Alpine, with access off Timpanogos Highway.
- Ample heavy power, exhaust vents, floor drains, power drops, water recyclers, and water cooling system.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$721,315
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,426,300
$14.4M
Cap Rate 7%
$10,304,500
$10.3M
Cap Rate 9%
$8,014,611
$8.0M
Market Conditions
NOI Build-Up for 90,581 SF
Gross rent
$1.09M $12.00/SF
− Vacancy
−$56.5K −$0.62/SF
EGI
$1.03M $11.38/SF
− OpEx
−$309.1K −$3.41/SF
NOI
$721.3K $7.96/SF
Area
Utah County, UT
Vacancy
5.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,426,300
Cap Rate 7%
$10,304,500
Cap Rate 9%
$8,014,611
Alternative Uses
Best Use
Industrial
$10.30M
$9.02M – $12.02M
NOI $721,315 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$24.97M
$21.85M – $29.13M
NOI $1,747,851 @ 7.0% cap · market cap 19.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 84004, UT
10,259
Population
3,133
Households
3.3
Avg Household Size
32
Median Age
57%
College-Educated
99%
High-School Grad
31.0 sq mi
ZIP Area
331
Density / Sq Mi
$156,786
Median Household Income
$52,765
Median Earnings
$2,786
Median Rent
$893,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 90,581 SF manufacturing and office facility in Alpine, Utah.
Where is this manufacturing property located?
The property is located at 119 E 200 N Alpine, UT.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Specialized 90,581 SF manufacturing facility with substantial power and high flow water lines.; Convenient infill location in the heart of Alpine, with access off Timpanogos Highway.; Ample heavy power, exhaust vents, floor drains, power drops, water recyclers, and water cooling system.
