Property Listing No Longer Available for Sale

5342 West Parkway East Drive

Highland, UT

Retail for Sale - $2,425,000 - 7,996 Sq. Ft. on 0.75 acres


Property Info

CIMLS#1091524
Location
  5342 West Parkway East Drive
  Highland UT 84003
UpdatedApril 2nd, 2021
TypeRetail
Price$2,425,000
Building7,996 Sq. Ft.
Land0.75 acres

Property Description

- 7,996 SF Retail Building

- Site Size: 0.75 Acres

- Built in 2019

- Long Term Lease With Norton Performance

- 5 Miles from Silicone Slopes

- Easy Access to Alpine Highway and Timpanogos Highway

- Total Square Footage: 7,996 SF

- Lease Type: NNN

- Lease Term: 7 Years

- Increases: 3% Annual Increases

- Cap Rate: 6.5%

- Net Operating Income: $157,625.00

- Sale Price: $2,425,000.00


Financials

- Total Square Footage: 7,996 SF

- Lease Type: NNN

- Lease Term: 7 Years

- Increases: 3% Annual Increases

- Cap Rate: 6.5%

- Net Operating Income: $157,625.00

- Sale Price: $2,425,000.00



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