448 Pleasant View Dr Ogden, UT 84414
This exceptional Class A, 9,473 square foot auto shop in Ogden, Utah presents a compelling investment opportunity. Located at 448 W Pleasant View Dr, 84414, this single-tenant property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $277,748. The property is 100% occupied by Burt Brothers under a NNN lease with a remaining term of 20.4 years, commencing January 1, 2025, and expiring March 31, 2045. The lease includes two 5-year renewal options and features annual rent bumps of 2%. Built in 2025, this one-story building sits on commercially zoned land. The property's strong tenant, long-term lease, and attractive financial metrics make it an ideal addition to any diversified portfolio. This stabilized investment offers significant long-term value and predictable cash flow. The property is situated in a thriving commercial area of Weber County, ensuring continued growth potential. The building's single-tenant occupancy minimizes management complexities, providing a streamlined investment experience. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location.
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
Similar Nearby for Lease
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.