Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1528 N Commerce Dr - WIC Condo - Investment Sale 2,127 SF Medical Condo Unit Offered at $999,038 in Saratoga Springs, UT 84045

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

6% Cap Rate
Annual Net Cash Flow of $59,950 with 3% annual increases

REDUCED $999,038 Sale Price

Executive Summary

100% leased. 2,127 SF. Long term lease in place with Utah County's WIC program. Perfect for an investor to purchase and allow rents to increase at 3% per year for another 7+ years.

Property Facts

Total Building Size	19,000 SF	Floors	2
Property Type	Office (Condo)	Typical Floor Size	9,500 SF
Property Subtype	Medical	Year Built	2009
Building Class	B	Lot Size	1.45 AC
Zoning	RC - Regional Commercial Zoning

Total Building Size	19,000 SF
Property Type	Office (Condo)
Property Subtype	Medical
Building Class	B
Floors	2
Typical Floor Size	9,500 SF
Year Built	2009
Lot Size	1.45 AC
Zoning	RC - Regional Commercial Zoning

1 Unit Available

Unit 204

Unit Size	2,127 SF	Cap Rate	6.00%
Price	$999,038	NOI	$59,942.28
Price Per SF	$469.69	Sale Conditions	1031 Exchange
Condo Use	Medical	APN/Parcel ID	66:320:0204
Sale Type	Investment

Unit Size	2,127 SF
Price	$999,038
Price Per SF	$469.69
Condo Use	Medical
Sale Type	Investment
Cap Rate	6.00%
NOI	$59,942.28
Sale Conditions	1031 Exchange
APN/Parcel ID	66:320:0204

Description

Investment sale of a medical suite in Saratoga Springs. Office is 2,127 RSF (2,044 USF). Currently occupied by WIC of Utah County. 3% annual increases to rent.