1548 W American Way Payson, UT 84651
For Lease
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This exceptional Class A industrial property at 1548 American Way offers 49,684 square feet of flexible space, ideal for various industrial uses. The building, constructed in 2024, features seven individual suites ranging from a minimum of 5,396 square feet to a maximum contiguous space of 43,495 square feet. The single-story building boasts a 23-foot ceiling height, providing ample vertical clearance. Seven drive-in doors and one common loading dock ensure efficient loading and unloading. Ample parking is available with 100 spaces designated for tenants. The property is zoned for light industrial use and is equipped with 220v, 3-phase, 400-amp power. Two units are currently available and ready for immediate occupancy. Lease incentives are being offered by a motivated owner. A sample office build-out is available for viewing online. The prime location offers easy access to I-15, making it an attractive option for businesses needing convenient transportation links. This is a rare opportunity to secure high-quality, modern industrial space in a desirable location.
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Aspen Tumbling Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.