Property summary
This exceptional new retail development in Spanish Fork presents a unique investment opportunity. The property offers a variety of options, including outright purchase, ground lease, or build-to-suit arrangements. A substantial anchor pad site is available, encompassing up to 16.09 acres, providing ample space for a large-format retailer. In addition, four separate pad sites, each exceeding one acre, are ready for development. This development boasts a highly desirable location, situated on a hard corner with exceptional visibility, ensuring maximum exposure for tenants. The property benefits from its proximity to Spanish Fork's main commercial area, a mere four-minute drive away, and enjoys a high average daily traffic count of 25,375 vehicles on Highway 6. This translates to a robust and growing customer base for potential tenants. Developed by Evergreen, this project represents a prime opportunity to capitalize on the significant growth and potential of the Spanish Fork market. The property's size and flexibility make it suitable for a wide range of retail uses, from fast food and banking to grocery stores and other retail establishments. Detailed pricing and further information are available upon request.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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