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11055 Alpine Hwy Highland, UT 84003

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Utah Shopping Center, 100% Occupied

Property size:
7,327 SF

Property Features for 11055 Alpine Hwy

General Information

Property type
Lifestyle centers
Square Feet
7,327 SF
Class
B
Lot Size
25,265 SF

Building Details

Buildings
1
Stories
1
Units
2

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Listing Contact
Lance Pendleton
Lance Pendleton

Listing Agency: Mountain West CRE Listing Agent: Lance Pendleton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a 7,327 square foot, single-story, Class B shopping center in Highland, UT. The property boasts a 6.00% cap rate and a strong net operating income (NOI) of $185,140, generated by two tenants under long-term NNN leases with multiple renewal options. Currently 100% occupied by Burn Boot Camp and Treehouse Dental, this multi-tenant building sits on a 0.58-acre lot (APN: 416900005) and is zoned CR. Strategically located at 11055 Alpine Hwy, Highland, UT 84003, it offers convenient access to I-15 via SR-92 (Timpanogos Highway), approximately 5.5 miles from exit 284. The property benefits from its position within the Highland Mains Shopping Center, a rapidly growing area with a planned $45 million lifestyle retail center expansion slated for completion in Q3 2025. Highland's population has experienced significant growth, increasing nearly 30% since 2010 and projected to grow another 7% in the next five years, exceeding 20,000 residents. This presents a compelling investment in a high-growth area with strong demographics and a stable, high-performing tenant base. The asking price is $3,085,667.
Property Profile Location Intelligence

Current Use by Public Records

Kevin Johnstun Dental Office Treehouse Dental Dental Office Burn Boot Camp Gym & Fitness Center Do Performance and Fitness Gym & Fitness Center

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Highland
County
Utah
State
Utah
Longitude
-111.7855472
Latitude
40.4329257

FAQs

What type of property is this?
Lifestyle center - Utah Shopping Center, 100% Occupied
Where is this lifestyle center located?
The property is located at 11055 Alpine Hwy Highland, UT.
What is the asking price?
The asking price for this property is $3,085,667.
What are key features of this property?
This property features: Rare opportunity to acquire a 100% occupied, two-tenant retail building in Highland, UT's highest-income demographic area.; Building features Burn Boot Camp and Treehouse Dental, both with long-term leases and renewal options.; Excellent access via I-15 and SR-92, close to exit 284, connecting Alpine and American Fork.
(801) 885-4304 Call to check price and availability
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