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1195 N Spring Creek Pl
Springville, UT 84663
Spring Creek Plaza · Flex Property For Sale
·
35,706 SF
Executive Summary
Rare opportunity to acquire a high-quality flex/industrial condo in a prime Springville location. Located at 1195 N. Spring Creek Place in Springville, this premier flex/industrial condo offers a total of 5,171 SF in Suite E, thoughtfully designed with 2,256 SF of warehouse space, 1,590 SF of main floor office, and 1,325 SF of second-floor office. Priced at $1,060,055 ($205/SF), the property presents a strong investment opportunity with a 6.95% CAP rate (assuming 5% vacancy) with a current lease generating $6,463.75 per month in base rent ($1.25/SF NNN), plus estimated NNN fees of $1,137.62 per month ($0.22/SF). Built in 2007, the property features a shared outdoor dock-high loading area, two 12’ x 12’ roll-up doors, abundant parking, and attractive landscaping. With a tenant in place through September 30, 2026, this asset is ideal for an owner-user or investor seeking stable income in a high-quality, well-maintained industrial setting.
1 Unit Available
Unit 5
| Unit Size | 5,171 SF | Cap Rate | 6.95% |
| Condo Use | Flex | NOI | $73,673.82 |
| Sale Type | Investment or Owner User |
| Unit Size | 5,171 SF |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.95% |
| NOI | $73,673.82 |
Description
Sales Price: $1,060055 ($205 PSF)
Cap Rate with 5% Vacancy: 6.95%
Suite F: 5,171 SF
Warehouse 2,256 square feet
Office 1,590 square feet
Mezzanine 1,325 square feet
2 ground-level doors
Shared outdoor dock high
Abundant parking
Available October 1, 2026
Ideal for an individual user
Property Facts
| Total Building Size | 35,706 SF | Typical Floor Size | 17,853 SF |
| Property Type | Flex (Condo) | Year Built | 2008 |
| Property Subtype | Showroom | Lot Size | 3.19 AC |
| Building Class | B | Parking Ratio | 3.39/1,000 SF |
| Floors | 2 | ||
| Zoning | LIM - Light Industrial Manufacturing | ||
| Total Building Size | 35,706 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Showroom |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 17,853 SF |
| Year Built | 2008 |
| Lot Size | 3.19 AC |
| Parking Ratio | 3.39/1,000 SF |
| Zoning | LIM - Light Industrial Manufacturing |
Amenities
- 24 Hour Access
- Signage
