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Two-Building Commercial Portfolio 2 Retail Properties Offered at $1,275,000 in Spanish Fork, UT
Investment Highlights
- ±4,094 SF total
- New exterior improvements
- $7,425/month guaranteed income
- Investment or owner-user potential
- 6.99% Cap Rate
- Prime location with excellent visibility
Executive Summary
This offering includes two commercial buildings totaling 4,094 square feet, situated on a single parcel and zoned for commercial use. The property is listed at $1,275,000 and generates a combined Net Operating Income of approximately $85,800, reflecting a 6.73% cap rate.
The first building is 1,075 SF and is leased to SIP-N Drinks & Treats, a popular beverage and treat franchise, which pays $4,500 per month. SIP-N will be signing a new 10-year lease extension with two additional 5-year renewal options, backed by a corporate guaranty, providing stable, long-term income from an established operator.
The second building is 3,019 SF and is now fully leased, with an esthetician occupying the main floor at $2,550 per month plus $100 in CAM, and a piercing studio leasing half of the second floor at $925 per month plus $50 in CAM. The second building recently underwent a full interior buildout on both floors, including new flooring, paint, built-out private rooms, baseboards, lighting, electrical, and HVAC improvements.
Additional site upgrades include new curb, gutter, and fresh asphalt, making this a strong turnkey investment with stable tenancy and minimal ownership responsibilities.
The first building is 1,075 SF and is leased to SIP-N Drinks & Treats, a popular beverage and treat franchise, which pays $4,500 per month. SIP-N will be signing a new 10-year lease extension with two additional 5-year renewal options, backed by a corporate guaranty, providing stable, long-term income from an established operator.
The second building is 3,019 SF and is now fully leased, with an esthetician occupying the main floor at $2,550 per month plus $100 in CAM, and a piercing studio leasing half of the second floor at $925 per month plus $50 in CAM. The second building recently underwent a full interior buildout on both floors, including new flooring, paint, built-out private rooms, baseboards, lighting, electrical, and HVAC improvements.
Additional site upgrades include new curb, gutter, and fresh asphalt, making this a strong turnkey investment with stable tenancy and minimal ownership responsibilities.
Property Facts
| Price | $1,275,000 | Number of Properties | 2 |
| Price / SF | $311.43 / SF | Individually For Sale | 0 |
| Cap Rate | 6.99% | Total Building Size | 4,094 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.68 AC |
| Status | Active |
| Price | $1,275,000 |
| Price / SF | $311.43 / SF |
| Cap Rate | 6.99% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,094 SF |
| Total Land Area | 0.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 111 E 300 S, Spanish Fork, UT 84660 | Retail | 3,019 SF | 1975 | - |
| 109 E 300 S, Spanish Fork, UT 84660 | Retail | 1,075 SF | 1960 | - |
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Two-Building Commercial Portfolio
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