Active
672 W 400 S #B203
Springville UT, 84663
$1,670,000
Active
Commercial
Built in 2014
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.
1989279
MLSⓇ ID
March 21, 2024
Listed
May 9, 2024
Updated
Map
672 W 400 S #B203
Springville UT, 84663
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.4 Acres
Other Property Details
Area Name
Provo; Mamth; Springville
Taxes
$12,188
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking Total
0
View
No
County
Utah
Pool
No
Buyer Agency Compensation
3%
Courtesy of Interstate Realty Brokers
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 4:16 PM UTC, 5/9/2024. 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 deemed reliable but not guaranteed and should be independently verified. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Morkel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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