1082 Wasatch Spg Rd Hideout, UT 84036

Property Details for 1082 Wasatch Spg Rd

Year built

2024

Property size

1,785 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional investment opportunity presents eight vacant units in a new, Class A commercial building located in Hideout, Utah, at 1082 Wasatch Spring Rd. The property features two buildings with two stories each, totaling 20 units, and offers a mix of 1,785 to 2,000 square feet of space per unit. Units are available in two configurations: two-story units with completed office space including bathrooms on each floor and a kitchenette, or single-story units with roller door frontage and a "white box" finish, ready for tenant build-out. The property is zoned for mixed commercial use, allowing for a variety of businesses, and boasts ample parking (8 spaces per unit). Located minutes from Park City and Jordanelle Reservoir, this property benefits from its proximity to Hwy 248 and the new Jordanelle Parkway, providing easy access to Deer Valley East Village and nearby amenities. The asking price is $1,260,000, and the lease type is NNN. This is a unique opportunity to own a piece of a rapidly developing commercial corridor, ideal for owner-users seeking a versatile and strategically located property. The property is currently 25% occupied, with a remaining lease term of 5 years. The building was completed in 2024.

Location Insight

City

Hideout

County

Wasatch

State

Utah

Longitude

-111.432

Latitude

40.6757