Property Description
Rare South County Medical Space. Like New with modern finishes. This is a Triple Net investment Property consisting of 3 adjacent Office Condominium Units with Long term lease in place (currently year 6 of 10). Yearly rental income $11,149. Tenant pays tax, insurance, & CAM fees. Lease increases 2% per year. CAP Rate 8%. Good traffic exposure to 400 South Springville and lots of parking.
Additional Information
12188
Interstate Realty Brokers
B203
$0
Rich
Bear Lake County
Bear Lake County
Bear Lake
Bear Lake County
$1,670,000
5
66-458-0011
Curb & Gutter,road: Paved,sidewalks,sprinkler: Auto-full,view: Mountain
Commercial Sale For sale
672 W 400 S #B203, Springville, Utah 84663
0.40 Acre
$1,670,000
Listing ID #1989279
Basic Details
Status : Active
Property Type : Commercial Sale
Property sub-type : Office
Listing Type : For sale
Listing ID : 1989279
Price : $1,670,000
Year Built : 2014
Lot Area : 0.40 Acre
Country : US
State : UT
County : Utah
City : Springville
Zipcode : 84663
Subdivision : PLAT A SOUTH VALLEY
DOM : 1
Neighborhood : Springville
