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Basement Office and Storage Rooms
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131 S 700 E, American Fork, UT 84003

Basement office and storage space with no windows and low ceilings, with tenant-paid data and interior janitorial.

Space SizeContact for details
Days on Market49

Property Features for 131 S 700 E

General Information

Standard status Active

Building Details

Year Built 2008
Listing Agency: Colliers International LLC (Wasatch)
Listed By: Dan Ford · License #5503930
Source: Liveutah
Added: Jul 27 Changed: Sep 8 Last Checked: Sep 11 at 4:39PM

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 Colliers International LLC (Wasatch)

Investment Insights

Based on property information with market context.

This offering includes basement office and storage room space. Office 6 is configured as interior office space with no windows and low ceilings. Storage Room 9 provides additional interior storage space also without windows and with low ceilings.

The property is located right off State Street in American Fork, with retail amenities in close proximity.

The tenant is responsible for data and interior janitorial within their leased space.

Key Highlights

  • Basement office and storage space off State Street
  • Office 6: 581 SF at $950/month; no windows and low ceilings
  • Storage Room 9: 430 SF at $500/month; no windows and low ceilings

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Tattoo & Piercing Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,170
Businesses Nearby

Demographics for 84003, UT

52,970
Population
16,441
Households
3.2
Avg Household Size
29
Median Age
50%
College-Educated
96%
High-School Grad
73.6 sq mi
ZIP Area
720
Density / Sq Mi
$120,262
Median Household Income
$41,591
Median Earnings
$1,692
Median Rent
$580,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for American Fork, UT

$16.7 /SF/Yr
Avg Asking Price
$12–$19.75 /SF/Yr
Price Range
8,677 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Basement office and storage space with no windows and low ceilings, with tenant-paid data and interior janitorial.
Where is this office units located?
The property is located at 131 S 700 E American Fork, UT.
What are key features of this property?
This property features: Basement office and storage space off State Street; Office 6: 581 SF at $950/month; no windows and low ceilings; Storage Room 9: 430 SF at $500/month; no windows and low ceilings
More about this property
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