Log In/Sign Up
Your email has been sent.
Two-Building Commercial Portfolio 2 Retail Properties Offered at $1,550,000 in Spanish Fork, UT
Investment Highlights
- ±4,094 SF total
- New interior & exterior improvements
- $9,054.75/month guaranteed gross income
- Investment or owner-user potential
- 8.53% Cap Rate
- Prime location with excellent visibility
Executive Summary
This offering includes two commercial buildings totaling 4,094 SF on a single commercially zoned parcel. Listed at $1,550,000, the property generates approximately $108,757.50 NOI, reflecting an 7.02% cap rate.
The first building (1,075 SF) is leased to SIP-N Drinks & Treats, a popular beverage and treat franchise, with a new 10-year lease extension and additional 5-year renewal options.
The second building (3,019 SF) is fully leased, with Golden Oaks Esthetics on the main floor and Odessa Hair Company on the second floor, both on newly signed 5-year leases. The building also features a complete interior buildout, including flooring, paint, private rooms, baseboards, lighting, electrical, and HVAC improvements.
Additional site upgrades include new curb and gutter and fresh asphalt, making this a turnkey investment with stable tenancy and minimal ownership responsibilities.
The first building (1,075 SF) is leased to SIP-N Drinks & Treats, a popular beverage and treat franchise, with a new 10-year lease extension and additional 5-year renewal options.
The second building (3,019 SF) is fully leased, with Golden Oaks Esthetics on the main floor and Odessa Hair Company on the second floor, both on newly signed 5-year leases. The building also features a complete interior buildout, including flooring, paint, private rooms, baseboards, lighting, electrical, and HVAC improvements.
Additional site upgrades include new curb and gutter and fresh asphalt, making this a turnkey investment with stable tenancy and minimal ownership responsibilities.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$108,657
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$108,657
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $108,657 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,657 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $1,550,000 | Number of Properties | 2 |
| Price / SF | $378.60 / SF | Individually For Sale | 0 |
| Cap Rate | 7.02% | Total Building Size | 4,094 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.68 AC |
| Status | Active |
| Price | $1,550,000 |
| Price / SF | $378.60 / SF |
| Cap Rate | 7.02% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,094 SF |
| Total Land Area | 0.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 111 E 300 S, Spanish Fork, UT 84660 | Retail | 3,019 SF | 1975 | - |
| 109 E 300 S, Spanish Fork, UT 84660 | Retail | 1,075 SF | 1960 | - |
1 1
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Two-Building Commercial Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.