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480-518 W 800 N
Orem, UT 84057
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Current Rent: $78,000 NNN
  • Underground parking
  • Personally guaranteed by Doctors
  • Walking distance to an abundance of amenities

EXECUTIVE SUMMARY

Building Amenities • 12 year lease - Expires March 31, 2036 • CAP Rate: 5.3% • Current Rent: $78,000 NNN • Lease increases to $85,800 NNN April 1, 2026 Lease Increases to $94,373.97 NNN April 1, 2031 • Personally guaranteed by Doctors • Underground parking • Walking distance to an abundance of amenities Unit Size: 3,668 SF Sales Price: $1,485,000.00

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 0.18 AC
Rentable Building Area 37,650 SF
No. Stories 2
Year Built 2006
Parking Ratio 0.1/1,000 SF
APN / Parcel ID
49-656-0201
  • 49-656-0202
Zoning Commercial - Commercial Office Condos

AMENITIES

  • Courtyard
  • Central Heating
  • Air Conditioning
  • Listing ID: 31783710

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 480-518 W 800 N, Orem, UT 84057

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