Flex Warehouse with
262 S 671 W Pleasant Grove, UT 84062
262 S 671 W, Pleasant Grove, UT, 84062
$863,750
For Sale
$863,750
Functional flex/warehouse includes 229 clear height, a grade-level door, heated warehouse space, and second-floor office.
Property Size3,455 SF
Price / SF$250
Days on Market70
Property Features for 262 S 671 W
General Information
- Standard status
- Active
- Size
- 3,455 SF
- Property subtype
- Industrial
Listing agency
Pleasant Grove
(801) 666-4260
Listed by
David Heninger
(801) 666-4260
Source
Colliers
Added: May 14 Updated: Jul 22 at 4:46PM Checked: Jul 22 at 4:46PM
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 Pleasant Grove
Investment Insights
Based on property information with market context.
This flex/warehouse opportunity offers a functional warehouse layout with 229 clear height, one 129 x 149 grade-level door, and a dedicated tool/storage room. The warehouse is heated, and there is second-floor office space with a mezzanine, along with an internal restroom.
The property is currently owner-occupied and leased through September 2026. The existing tenant has expressed interest in renewing.
With warehouse and office components on separate levels, the configuration supports combined storage and administrative space within a single facility.
The property is currently owner-occupied and leased through September 2026. The existing tenant has expressed interest in renewing.
With warehouse and office components on separate levels, the configuration supports combined storage and administrative space within a single facility.
Key Highlights
- 3,455 SF flex/warehouse with functional warehouse layout in Pleasant Grove
- Warehouse features 22' clear height plus one 12' x 14' grade‑level door
- Heated warehouse space and second‑floor office with mezzanine
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $12.00 |
| − Vacancy | −$2.2k | −$0.62 |
| EGI | $39.3k | $11.38 |
| − OpEx | −$5.9k | −$1.71 |
| NOI | $33.4k | $9.67 |
3,455 SF · lease $12.00/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$477.3K
$417.6K – $556.8K
NOI $33,408 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$393.0K
$343.9K – $458.6K
NOI $27,513 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$952.4K
$833.4K – $1.11M
NOI $66,668 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Elle Bleu Shoes
Clothing & Fashion Store
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- Bacchus Event Services — 573 W State St suite a, Pleasant Grove, UT 84062
- Graze Craze Charcuterie Boards & Boxes — 1926 W Pleasant Grove Blvd Suite B, Pleasant Grove, UT 84062
FAQs
What type of property is this?
Flex space - Functional flex/warehouse includes 229 clear height, a grade-level door, heated warehouse space, and second-floor office.
Where is this flex space located?
The property is located at 262 S 671 W Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $863,750.
What are key features of this property?
This property features: 3,455 SF flex/warehouse with functional warehouse layout in Pleasant Grove; Warehouse features 22' clear height plus one 12' x 14' grade‑level door; Heated warehouse space and second‑floor office with mezzanine
