Property summary
This exceptional industrial property in Fairfield, Utah's Bradshaw Business Park offers versatile spaces ideal for R&D, manufacturing, flex, or warehouse use. The park features nine single-story buildings, each totaling 7,200 square feet and divisible into 3,600-square-foot units. Currently undergoing condominiumization, four buildings (C, D, E, and F) are slated for completion in July 2024. These new units boast 15'-9" ceilings, three drive-in doors, 220-volt power, and are situated on a 5.299-acre lot with some fenced yard space. Each building includes one full restroom, two man doors, and three 14' x 14' overhead doors. Basic building finishes include electrical, lighting, and insulation; however, HVAC, space heaters, office improvements, and demising walls are tenant responsibilities. The property is zoned for commercial overlay use and enjoys a prime location on busy Highway 73, within a thriving business park. Annual lease rates are $10.20 per square foot NNN, with a monthly NNN fee of $1,000 per building. Photos depict existing, leased buildings. The property's APN is 59:061:0077.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
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General Contractor Renovation Specialist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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