Description
Turn-Key Investment! $3,100/mo triple-net lease with rent escalators (5.3 % cap rate). Leases go through 10/2026. Located in Spanish Fork's Proposed High-Density West-Side Development. Property appears to be in the proposed High Density or Urban Density zone. This zoning is a proposal only. Please see attached property details PDF. The current tenant is a wedding planner. Warehouse leases are typically $0.71/s.f.; this one is at $.49/s.f. Square footage per county. Buyer/Buyer's Broker to verify all info.
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0BEDS
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0.62ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Turn-Key Investment! $3,100/mo triple-net lease with rent escalators (5.3 % cap rate). Leases go through 10/2026. Located in Spanish Fork's Proposed High-Density West-Side Development. Property appears to be in the proposed High Density or Urban Density zone. This zoning is a proposal only. Please see attached property details PDF. The current tenant is a wedding planner. Warehouse leases are typically $0.71/s.f.; this one is at $.49/s.f. Square footage per county. Buyer/Buyer's Broker to verify all info.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-06-25T23:37:58.663. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.