3500 Hwy Heber City, UT 84032
Nico Business Park offers prime industrial space for lease, ideally situated off Highway 40. This Class A, 48,000 square foot building, constructed and renovated in 2024, features a mix of manufacturing, flex, warehouse, and R&D space. The property sits on a 3.36-acre lot and boasts 9 drive-in doors, 53+ parking spaces, and a single industrial elevator servicing both floors. The building offers a flexible layout with suites ranging from 3,200 to 6,500 contiguous square feet, with a total of 7 suites. Currently, 9,700 square feet are available for lease. The main floor offers 18-foot ceilings, while the second floor provides 13-foot ceilings and an additional 24,000 square feet of climate-controlled storage (leased separately). The building is equipped with 3-phase 200-amp power. Its convenient Highway 40 location ensures easy access for transportation and logistics. The property is zoned for industrial use and has a proven track record of high demand, with several suites already leased. This presents a unique opportunity for businesses seeking modern, efficient, and well-located industrial space with potential for future expansion, as plans are in place for two additional 15,000 square foot buildings. The APN is 00-0020-4519.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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