Former Mattress Headquarters in
119 E 200 N, Alpine, UT 84004
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90,581 SF manufacturing and office facility in Alpine, Utah.
Type:Industrial
Property size:
90,581 SFLot size:
4.12 AcresPrice / SF:
$98/SF- Added:
- Apr 22, 2024
- Days on Market:
- 806
- Last Refresh:
- Jun 28 at 3:22 pm
Property Features for 119 E 200 N
General Information
- Standard status
- Active
- Size
- 90,581 SF
- Lot size
- 4.12 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1990
Listing office Legend Commercial (801) 824-0397
Listing date Apr 22, 2024
Source Crexi
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
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.
- Multiple loading options including two dock doors with seals/levelers.
- Over 17 different production rooms, multiple break rooms and bullpens with ample bathrooms.
- Wet and dry suppression system, compressed airlines, and water hookups on both levels.
Overview
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.
Local Financial Insights For Industrial
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 | $1.09M | $12.00 |
| − Vacancy | −$56.5k | −$0.62 |
| EGI | $1.03M | $11.38 |
| − OpEx | −$309.1k | −$3.41 |
| NOI | $721.3k | $7.96 |
90,581 SF · lease $12.00/SF/yr · vacancy 5.20% · expense 30.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Alpine
- County
- Utah
- State
- Utah
- Longitude
- -111.7760901
- Latitude
- 40.4562972
FAQs
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.
