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Property profile & analytics
FOR SALE
Shopping centers

11055 Alpine Hwy Highland, UT 84003

7,327 SF
Property ID
US86-Q009578
Property summary
AI-generated overview

INVESTMENT OPPORTUNITY: We are pleased to present this rare opportunity to purchase 100% occupied two-tenant retail building in Highland, UT, boasting the highest income demographics in the state. This building is part of the Highland Mains Shopping Center, situated in the high-income area of Highland and Alpine in Utah Counties. Within Highland Mains, the developer has plans to start a $45 million lifestyle retail center with spaces being delivered in Q3 2025. MULTI-TENANCY MIX: The property is 100% occupied by two-tenants: Burn Boot Camp and Treehouse Dental. Both Tenants have signed long-term leases with multiple renewal options ACCESS: The property is easily accessible from I-15, located just off SR-92 (Timpanogos Highway) about 5.5 miles from exit 284. 5300 West connects the property to Alpine from the north and American Fork from the south. GROWTH AREA: Highland is a relatively small community, but has grown significantly in recent years. The population of Highland has increased by nearly 30% since 2010 and is projected to grow by another 7% in the next five years, bringing the total population to over 20,000 people.

Property profile
Verified
Property type Shopping centers
Total area 7,327 SF
UPID US86-Q009578
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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