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North Pointe Building D 1261 S 820 E 74,655 SF Office Building American Fork, UT 84003 $9,332,000 ($125.00/SF)
Investment Highlights
- Compelling Value-Add Opportunity
- Silicon Slopes Growth
- Strategic American Fork Location
- Strong Regional Demographics & Employment Base
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire North Pointe D (the “Property”) located in American Fork, Utah. North Pointe D comprises one 74,655-square-foot multitenant office building situated on 4.32 acres. Originally constructed in 2009, the Property offers a functional suburban office layout with a strong 5.0/1,000 parking ratio, supporting a broad range of tenant uses.
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
74,655 SF
Building Class
B
Year Built
2009
Price
$9,332,000
Price Per SF
$125.00
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
24,885 SF
Building FAR
0.40
Lot Size
4.32 AC
Zoning
P-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 | 47-256-0004 | Improvements Assessment | $12,238,400 |
| Land Assessment | $2,953,000 | Total Assessment | $15,191,400 |
Property Taxes
Parcel Number
47-256-0004
Land Assessment
$2,953,000
Improvements Assessment
$12,238,400
Total Assessment
$15,191,400
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North Pointe Building D | 1261 S 820 E
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