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Spanish Fork, UT NNN Properties for Sale

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Salem, UT Springville, UT Woodland Hills, UT Mapleton, UT Benjamin, UT Lake Shore, UT Payson, UT Santaquin, UT
New Construction Multi-tenant Warehouse Buildings
Updated: Jun 18
New Construction Multi-tenant Warehouse Buildings

198 W 3450 N, Spanish Fork, UT 84660

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35,980 sqft
35,980 square feet across two multi‑tenant warehouse buildings
New construction completed in 2024
100% leased to nine national and local tenants
24% credit tenants
NNN leases with annual increases
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New Multi-Tenant Warehouse Buildings
Updated: Jun 18
New Multi-Tenant Warehouse Buildings

258 W 3450 N, Spanish Fork, UT 84660

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33,232 sqft
Two multi‑tenant warehouse buildings delivered in 2024
100% leased with NNN leases and annual increases
Nine (9) tenants with 24% credit tenants
3.34‑year WALT with a diversified expiration schedule
5.37% cap rate
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Bank of America NNN Property
Bank of America NNN Property

1126 N Cyn Crk Pkwy, Spanish Fork, UT 84660

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1.04 AC lot

Bank of America ground lease with a guaranteed remaining term and scheduled rent increases.

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See what stands out in Utah County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Spanish Fork, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant NNN Commercial Property
Single-Tenant NNN Commercial Property

483 W 2310 N, Provo, UT 84604

$5,600,000
1.15 AC lot

Modern commercial building occupied by a school-use tenant under a Triple Net Lease.

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O'Reilly Auto Parts NNN Property
O'Reilly Auto Parts NNN Property

1487 N REDWOOD RD, Saratoga Springs, UT 84045

$2,665,600

Long-term lease in place with scheduled contractual rent growth.

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Single-Tenant Express Car Wash
Single-Tenant Express Car Wash

309 E Crossroads Blvd, Saratoga Springs, UT 84045

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Single-tenant Tommy’s Express Car Wash offered on an absolute NNN lease structure.

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NNN Corporate Guaranty Specialty
NNN Corporate Guaranty Specialty

475 W 2310 N, Provo, UT 84604

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Sale offering with corporate guaranty and 10-year primary term plus NNN, with 10% rent increases every five years.

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Spanish Fork, UT Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Spanish Fork, UT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 69,212 square feet of properties for sale.

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Demographics Overview

Population 47K
Population Growth (5Y) +13.2%
Median Household Income $98,398
College Educated 49.5%

Taxes & Financing

Tax Rate (average for all types) 0.96%
Property Tax per SF $7.98 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Utah County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Spanish Fork fall within the 100,000+ square foot range.

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