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2717 N Highway 89 2,547 SF Office Building Pleasant View, UT 84404 $650,000 ($255.20/SF) 8.47% Cap Rate



Investment Highlights
- Location is unbelievable. Corner of two major intersections with Highway 89 and 2550. Close to I-15.
Executive Summary
Prime 2,457 SF professional office suite positioned along the highly traveled US Highway 89 corridor in Pleasant View. Originally designed and built out as a functional dental clinic, this versatile space features accessible stubbed plumbing and drains to each private office/exam room. Featuring dual entrance access, ample surface parking, and a complete executive floor plan, this suite offers exceptional infrastructure for wellness providers, aesthetic med-spas, therapy practices, or general professional firms.
KEY PROPERTY HIGHLIGHTS
• Versatile Executive Layout: 2,457 SF configured with 6 private offices/exam rooms, a large conference room, reception area, and dedicated staff/break space.
• Plumbed Infrastructure: Water and drain lines stubbed directly to all 6 office suites for simple setup of sinks, basins, or specialized clinical equipment.
• Upgraded Amenities: Includes 3 private restrooms and 1 full shower stall, offering added convenience for staff or long operating hours.
• Dual Access Points: Independent front customer entry and dedicated rear access for staff and deliveries.
• Use Restrictions / CC&R Disclosure: Property CC&Rs apply; permitted uses exclude direct competition with Ogden Clinic (ideal for non-competing medical, dental specialties, wellness, legal, accounting, or corporate administrative offices).
Target is moving in just down the street so additional traffic. Marquee positioning on both major intersections are part of purchase price (2 marquees).
Last leased at $5,400.00 per month modified gross (operating expenses were approximately 15%-20% or $9,720.00-$12,960.00 annually) Cap of: 7.98%-8.47%. Buyer to verify with Seller. Seller is also a realtor/owner.
KEY PROPERTY HIGHLIGHTS
• Versatile Executive Layout: 2,457 SF configured with 6 private offices/exam rooms, a large conference room, reception area, and dedicated staff/break space.
• Plumbed Infrastructure: Water and drain lines stubbed directly to all 6 office suites for simple setup of sinks, basins, or specialized clinical equipment.
• Upgraded Amenities: Includes 3 private restrooms and 1 full shower stall, offering added convenience for staff or long operating hours.
• Dual Access Points: Independent front customer entry and dedicated rear access for staff and deliveries.
• Use Restrictions / CC&R Disclosure: Property CC&Rs apply; permitted uses exclude direct competition with Ogden Clinic (ideal for non-competing medical, dental specialties, wellness, legal, accounting, or corporate administrative offices).
Target is moving in just down the street so additional traffic. Marquee positioning on both major intersections are part of purchase price (2 marquees).
Last leased at $5,400.00 per month modified gross (operating expenses were approximately 15%-20% or $9,720.00-$12,960.00 annually) Cap of: 7.98%-8.47%. Buyer to verify with Seller. Seller is also a realtor/owner.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
2,547 SF
Building Class
B
Year Built
2007
Price
$650,000
Price Per SF
$255.20
Cap Rate
8.47%
NOI
$55,080
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,547 SF
Building FAR
0.12
Lot Size
0.50 AC
Zoning
C-3
Parking
18 Spaces (7.07 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,755,498 | |
| Land Assessment | $385,102 | Total Assessment | $2,140,600 |
Property Taxes
Parcel Numbers
Land Assessment
$385,102
Improvements Assessment
$1,755,498
Total Assessment
$2,140,600
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2717 N Highway 89
