1228 Pleasant Grove Blvd Pleasant Grove, UT 84062
This exceptional Class A medical office building, located in Utah County, offers a unique investment opportunity. Completed in 2025, the property boasts a total of 7,000 square feet across four suites, each with a generous 14-foot ceiling height. Currently, there is a significant amount of vacant space available, totaling 20,000 square feet, presenting a prime chance for expansion or multiple tenant occupancy. The building is zoned for commercial retail use, making it versatile and adaptable to various medical practices. The property features a convenient drive-thru option, with attractive net-net-net (NNN) lease rates: $50 per square foot for end-cap spaces, and $42 per square foot for end-cap spaces, and $37 per square foot for inline spaces. The building is designed for multiple tenants, with a minimum divisible space of 7,000 square feet. Ample parking is provided, with a ratio of 5 spaces per 1,000 square feet. This single-story building presents a rare opportunity to secure high-quality medical office space in a desirable Utah County location. The property's modern design and prime location make it an ideal setting for a variety of medical professionals seeking a thriving and accessible practice environment. The available space ranges from 1,500 to 7,000 square feet, offering flexibility for businesses of various sizes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.