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North Pointe Building E 1220 S 630 E 96,609 SF 4-Star Office Building American Fork, UT 84003 $15,457,440 ($160/SF)
Investment Highlights
- Stabilized Cash Flow with Full Occupancy
- Silicon Slopes Growth
- Anchored by Established Credit Tenancy
- Strong Demographics and Expanding Employment Base
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire North Pointe E (the “Property”) located in American Fork, Utah. North Pointe E comprises one 96,609-square-foot multitenant office building situated on 6.20 acres. Originally constructed in 2014, the Property is a well-maintained suburban office asset with a strong 5.0/1,000 parking ratio and institutional-quality tenancy.
Located in the high-demand northern Utah County submarket and benefiting from the continued expansion of Silicon Slopes, along with close proximity to a robust retail amenity base, the Properties are supported by strong demographics, a deep and growing employment base, and continued economic expansion.
Located in the high-demand northern Utah County submarket and benefiting from the continued expansion of Silicon Slopes, along with close proximity to a robust retail amenity base, the Properties are supported by strong demographics, a deep and growing employment base, and continued economic expansion.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
96,609 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2013
Price
$15,457,440
Price Per SF
$160
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
24,152 SF
Building FAR
0.36
Lot Size
6.20 AC
Zoning
PI-1 and GC-1 - Planned Industrial and Planned Commercial
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 47-313-0002 | Improvements Assessment | $17,877,600 |
| Land Assessment | $3,634,900 | Total Assessment | $21,512,500 |
Property Taxes
Parcel Number
47-313-0002
Land Assessment
$3,634,900
Improvements Assessment
$17,877,600
Total Assessment
$21,512,500
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North Pointe Building E | 1220 S 630 E
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