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507 1000th N Spanish Fork, UT 84660-1249

OFF-MARKET Turn key restaurants Google Maps
6,844 SF 1.04 ac lot Built 2014
Entity Owned 6-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US86-0004176

Property summary

AI-generated overview

This exceptional retail space, located within the prominent Canyon Creek Shopping Center in Spanish Fork, Utah, presents a unique sublease opportunity. The property boasts a total building size of 679,844 square feet, offering ample space and high visibility within a thriving commercial area. This single-tenant space comprises 1,326 square feet, ideal for a variety of retail businesses seeking a well-established location. Situated at 507 - 529 East 1000 North, Spanish Fork, UT 84660, the property benefits from excellent accessibility and high foot traffic. The building is located in Utah County, providing access to a robust local market. The property's strategic location within the Canyon Creek Shopping Center ensures high visibility and exposure to a large customer base. This sublease opportunity allows for immediate occupancy, eliminating the need for extensive renovations or build-outs. The property is classified as retail commercial space, making it suitable for a wide range of retail operations. With only 1,326 square feet currently vacant, this is a rare opportunity to secure a prime location in a successful shopping center. The property's coordinates are 40.1238299 latitude and -111.6451352 longitude. This sublease presents a compelling opportunity for businesses seeking a ready-to-occupy space in a high-traffic retail environment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2014
Total area 6,844 SF
Lot 1.04 ac (45,520 SF)
APN 65-565-0007
UPID US86-0004176

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2019
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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