237 S 2200 W | Springville, UT 84663
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- LoopNet Team
237 S 2200 W
Springville, UT 84663
Caliber Collision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year NNN lease to commence fourth quarter 2021 (estimate).
- 10% rent bumps every five years written into the lease will hedge against inflation.
- Strategically located directly off the I-15 and State Route 77 allowing for ease in access.
- New 2021 construction
- Limited competition in immediate area (14 miles from subject site).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,100 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.97 AC
Zoning
RC
PROPERTY TAXES
| Parcel Number | 66-391-0003 | Improvements Assessment | $1,681,400 |
| Land Assessment | $658,300 | Total Assessment | $2,339,700 |
PROPERTY TAXES
Parcel Number
66-391-0003
Land Assessment
$658,300
Improvements Assessment
$1,681,400
Total Assessment
$2,339,700
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