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Flex Tech Building 1275 S 1600 W 25,909 SF Flex Building Orem, UT 84058 $6,000,000 ($231.58/SF) 5.50% Cap Rate
Investment Highlights
- Near I-15
Executive Summary
Single tenant investment, 25,864 sf, 2-acre site, upgraded power capacity, 5.5% cap, strong credit
Property Facts
| Price | $6,000,000 | Lot Size | 1.96 AC |
| Price Per SF | $231.58 | Rentable Building Area | 25,909 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built | 1994 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.32/1,000 SF |
| Building Class | C | ||
| Zoning | CM | ||
| Price | $6,000,000 |
| Price Per SF | $231.58 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 1.96 AC |
| Rentable Building Area | 25,909 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 2.32/1,000 SF |
| Zoning | CM |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Flex Tech
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Flex Tech | Manufacturing | - | - | - |
1 1
Property Taxes
| Parcel Number | 48-148-0003 | Improvements Assessment | $2,190,900 |
| Land Assessment | $565,700 | Total Assessment | $2,756,600 |
Property Taxes
Parcel Number
48-148-0003
Land Assessment
$565,700
Improvements Assessment
$2,190,900
Total Assessment
$2,756,600
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Flex Tech Building | 1275 S 1600 W
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