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Property profile & analytics
OFF-MARKET
Lifestyle centers

11055 Alpine Hwy Highland, UT 84003

7,327 SF 0.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7,327 square foot, single-story, Class B shopping center in Highland, UT. The property boasts a 6.00% cap rate and a strong net operating income (NOI) of $185,140, generated by two tenants under long-term NNN leases with multiple renewal options. Currently 100% occupied by Burn Boot Camp and Treehouse Dental, this multi-tenant building sits on a 0.58-acre lot (APN: 416900005) and is zoned CR. Strategically located at 11055 Alpine Hwy, Highland, UT 84003, it offers convenient access to I-15 via SR-92 (Timpanogos Highway), approximately 5.5 miles from exit 284. The property benefits from its position within the Highland Mains Shopping Center, a rapidly growing area with a planned $45 million lifestyle retail center expansion slated for completion in Q3 2025. Highland's population has experienced significant growth, increasing nearly 30% since 2010 and projected to grow another 7% in the next five years, exceeding 20,000 residents. This presents a compelling investment in a high-growth area with strong demographics and a stable, high-performing tenant base. The asking price is $3,085,667.

Property profile
Verified
Property type Lifestyle centers
Total area 7,327 SF
Lot 0.58 ac (25,265 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
Current use
Occupant on record · Public records
  • Kevin Johnstun Dental Office
  • Treehouse Dental Dental Office
  • Burn Boot Camp Gym & Fitness Center
  • Do Performance and Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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