11055 Alpine Hwy Highland, UT 84003
For Sale
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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.
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Kevin Johnstun Dental Office
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Treehouse Dental Dental Office
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Burn Boot Camp Gym & Fitness Center
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Do Performance and Fitness Gym & Fitness Center
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.