72 N MAIN ST Spanish Fork, UT 84660
Recently renovated mixed-use property suitable for retail or office use.
Property Features for 72 N MAIN ST
General Information
- Standard status
- Active
- Size
- 11,280 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1930
Listing office Colliers - Pleasant Grove - Utah County, Utah
Listing date May 19, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Recently renovated interiors offer a fresh, modern feel.
- Attractive storefront presence to draw in customers.
- Strong daytime population nearby provides consistent foot traffic.
Local Financial Insights For Retail
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 | $281.5k | $24.96 |
| − Vacancy | −$11.8k | −$1.05 |
| EGI | $269.7k | $23.91 |
| − OpEx | −$80.9k | −$7.17 |
| NOI | $188.8k | $16.74 |
