413 620 American Fork, UT 84003
- Industrial properties
- 2,290 SF
Current Use by Public Records
- Industrial properties
Property Details for 413 620
- Property size
- 2,290 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 2,290-square-foot flex space in American Fork, Utah, presents a unique investment opportunity. Priced at $750,000, this property boasts a compelling 5.90% cap rate. The building features a 2,060-square-foot warehouse and a 230-square-foot office, ideal for owner-occupancy or a sale-leaseback arrangement. The current owner is willing to lease back the space, providing immediate income potential. The warehouse is climate-controlled, offering year-round comfort. The unit includes a 14-foot ground-level door, 200-amp 3-phase power, and a mezzanine for additional storage. A single office is located on the main floor. This property is conveniently located just 0.5 miles from I-15, providing easy access to major transportation routes. The 18-foot ceiling height in the warehouse maximizes storage and operational efficiency. This is a gross lease, simplifying management and cost predictability. The property is a single-tenant building, minimizing management complexities. This is a rare opportunity to acquire a well-maintained flex unit in a desirable location. The property is offered for sale and is suitable for an owner-user or a sale-leaseback transaction.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- American Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.788
- Latitude
- 40.3643
