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625 N Main St
Nephi, UT 84648
Office Property For Sale
PROPERTY FACTS
ABOUT 625 N MAIN ST , NEPHI, UT 84648
This property includes a 3,150 square foot office building on 0.31 acres. The building is leased to the Workforce Services department through 5/31/2023 with 1.5% annual escalations. Additionally, the tenant has two 5-year options that could be exercised after 2023. Net operating income (2017) is $42,808. The building was built in 2007. This property has direct access and frontage along Main Street in Nephi, Utah. * 3,150 square foot building on 0.31 acres * Direct access and frontage along Main Street (Hwy 28) * New 5-year extension (expires 5/31/2023) with 1.5% annual escalations and two additional 5-year options * Net Operating Income: $42,808 * Building built in 2002 * Private offices, conference room, break room with kitchenette, and restrooms * Taxes 2017: $4,536.36 * Located 1.6 miles west of Exit 225 on I-15 * Juab County parcel #XA00-0743-3
