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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
- Single Tenant Investment
- Upgraded Power Capacity
- 25,864 sf
- 2 Acre Site
Executive Summary
Data Room Click Here to Access
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
-
- Manufacturing
- -
- $10.28
- Dec 2030
Fortis Solutions Group is a privately held packaging and printing company founded in 2010, evolving from the acquisition and rebranding of Labels Unlimited (est. 1979). Headquartered in Virginia Beach, VA, it specializes in the production of pressure-sensitive labels, shrink sleeves, flexible packaging, folding cartons, and label applicator equipment. Operating over a dozen manufacturing and sales locations across the U.S. and Canada, Fortis serves clients in food, beverage, nutraceutical, health & beauty, and automotive sectors. Backed by private equity, including investment by Harvest Partners, the company leverages a vertically integrated model and rapid lead times to enhance market responsiveness. With an estimated 1,300 employees and revenues exceeding $140 million, Fortis maintains accredited certifications—such as GFSI, ISO, IATF, and UL—for quality and consistency.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Manufacturing | - | $10.28 | Dec 2030 |
Property Taxes
| Parcel Number | 48-148-0003 | Improvements Assessment | $2,190,900 |
| Land Assessment | $565,700 | Total Assessment | $2,756,600 |
Property Taxes
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Flex-Tech Building | 1275 S 1600 W
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