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2464 W 450 S - 2.8% Partial Interest - Liahona Prep Academy 24,000 SF Specialty Building Offered at $290,000 at a 5.70% Cap Rate in Pleasant Grove, UT 84062
Investment Highlights
- The tenant has been in business since 1998. Good financials and a solid track record of taking great care of the property; overall great tenant.
Executive Summary
This is an awesome small NNN leased investment. There are 17 years left on a NNN lease. This seller owns 2.8% of the total property. Please note that only 2.8% of the NNN investment property is being sold.
Property Facts
| Price | $290,000 | Property Subtype | School |
| Price Per SF | $12.08 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.00 AC |
| Cap Rate | 5.70% | Building Size | 24,000 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 2008/2021 |
| Zoning | RA-5 - RA-5 Zoning | ||
| Price | $290,000 |
| Price Per SF | $12.08 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 24,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2008/2021 |
| Zoning | RA-5 - RA-5 Zoning |
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Property Taxes
| Parcel Number | 46-708-0005 | Improvements Assessment | $5,266,400 |
| Land Assessment | $1,512,300 | Total Assessment | $6,778,700 |
Property Taxes
Parcel Number
46-708-0005
Land Assessment
$1,512,300
Improvements Assessment
$5,266,400
Total Assessment
$6,778,700
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2464 W 450 S - 2.8% Partial Interest - Liahona Prep Academy
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