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Property profile & analytics
OFF-MARKET
Office Spaces

125 600 Price, UT 84501

3.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional single-story office building, totaling approximately 19,011 net rentable square feet, sits on a generous 3.54-acre lot in Price, Utah. Constructed in 1996 as a build-to-suit for the Bureau of Land Management (BLM), this all-masonry/warehouse structure is currently 100% leased to a single tenant under a long-term agreement. The lease, initiated in 2018, is a 20-year lease (with 15 years firm), reflecting a significant commitment from the tenant. As part of the lease agreement, approximately $1 million in building upgrades were implemented. The property's strategic location offers unparalleled accessibility. It's conveniently situated just 1,500 feet from the on-ramp to U.S. Highway 191 and a short 12-mile drive from the intersection with U.S. Highway 6. Its function as the "Radio Center" for five other BLM field offices in central Utah underscores its importance and operational efficiency. The proximity to the Manti-La Sal National Forest further enhances its appeal and potential. This presents a rare opportunity to acquire a high-quality, fully leased commercial property in a desirable location with strong tenant occupancy and long-term lease stability. The property offers significant investment potential due to its location, lease terms, and the substantial improvements made.

Property profile
Verified
Property type Office Spaces
Lot 3.54 ac (154,202 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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