648 State St American Fork, UT 84003
This exceptional American Fork, Utah retail property, located at 648 E State St, 84003, offers a diverse range of leasing opportunities. The 149,928 square foot center comprises four single-story buildings situated on 13.35 acres of land, zoned C. Multiple tenancy options are available, with spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 57,670 square feet. A prominent 28,011 square foot mid-box space is available, divisible down to 14,000 square feet. Additionally, a 0.40-acre parcel is available for ground lease at an annual rate of $75,000. The property benefits from high traffic counts, with 28,601 average daily traffic (ADT) on State Street and 21,394 ADT on 500 East. The center is classified as Class B and features a variety of retail and restaurant spaces, including pad sites and drive-thru potential, making it ideal for a range of businesses. The property's convenient location in the Salt Lake submarket, specifically the Lehi, Provo, Orem cluster, provides excellent access to a large customer base. Cross streets are State Street/700 East. The property's APN is 130580331
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.