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    920 State St American Fork, UT 84003

    For Lease
    $15 SF/Yr

    Prime Utah County Office Space Available

    Lot size:
    5,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional sublease opportunity presents 5,322 to 5,394 square feet of professional office space within the White Castle Office Building, located at 920 E State St, American Fork, UT 84003. Situated in Utah County, this property offers convenient access to I-15 (exit 275/276), ensuring effortless commutes. The space is ideal for businesses seeking a well-located, readily available office solution. Ample parking is provided for employees and clients. The building boasts excellent State Street signage visibility, enhancing brand recognition. This sublease offers a significant advantage, falling within an Opportunity Zone, providing potential tax benefits for qualifying businesses. The asking rate is $16.25 per square foot, with a triple net (NNN) charge of $2.25 per square foot. The sublease term expires on June 30, 2025. The property's proximity to various amenities and services further enhances its appeal. This is a rare chance to secure high-quality office space in a desirable location with immediate occupancy. The minimum divisible space is 5,394 square feet, and the maximum contiguous space available is also 5,394 square feet.

    Property Features for 920 State St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,322 SF

    Unit(s) available at that property

    Space
    Suite A-B
    Size
    5,322 SF
    Rate per SF
    $15

    HighLights

    • Excellent access to numerous amenities.
    • Convenient I‑15 access via Exits 275/276.
    • High‑traffic location on HWY 89.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    American Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.7725518
    Latitude
    40.3702661

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    FAQs

    What type of property is this?
    Office space - Prime Utah County Office Space Available
    Where is this office space located?
    The property is located at 920 State St American Fork, UT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Excellent access to numerous amenities.; Convenient I-15 access via Exits 275/276.; High-traffic location on HWY 89.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    920 State St American Fork, UT 84003
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