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Grifols 3073-3087 Harrison Blvd 7,286 SF Retail Building Ogden, UT 84403 $3,500,000 ($480.37/SF) 6.42% Cap Rate
Investment Highlights
- Long-term NNN lease with 3% annual rental escalations and two 5-year renewal options.
- Grifols reported $8.3B in 2025 revenue, a 7% year-over-year increase.
- Excellent visibility along Harrison Blvd with 31,000 vehicles per day (VPD).
- Corporate lease guaranteed by Grifols, the world's largest plasma donation network.
- Prime location less than one mile from Weber State University with 32,000+ students.
- Mission-critical, FDA-regulated plasma collection facility in recession-resilient sector.
Executive Summary
Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # 10074529-CN00, 10074491-PB00 (UT)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 10074529-CN00, 10074491-PB00 (UT)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,286 SF
Building Class
C
Year Built
1994
Price
$3,500,000
Price Per SF
$480.37
Cap Rate
6.42%
NOI
$224,645
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.43 AC
Zoning
CP-2
Parking
40 Spaces (5.49 Spaces per 1,000 SF Leased)
Frontage
88’ on Harrison Blvd
Amenities
- Bus Line
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Grifols began in 1909 in Barcelona, Spain, where it pioneered plasma collection techniques. The company expanded into the US in 2003 and now operates a global network of plasma donation centers. Grifols provides essential therapies for immune deficiencies and rare diseases through its Bio Supplies division. Their Diagnostic unit develops solutions for clinical testing needs. The company maintains a significant presence in the biopharmaceutical sector through both plasma products and diagnostic services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04-014-0040 | Improvements Assessment | $980,688 |
| Land Assessment | $317,312 | Total Assessment | $1,298,000 |
Property Taxes
Parcel Number
04-014-0040
Land Assessment
$317,312
Improvements Assessment
$980,688
Total Assessment
$1,298,000
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Grifols | 3073-3087 Harrison Blvd
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