Property Listing No Longer Available for Sale

185 South State Street, Orem, UT

Retail for Sale - $2,150,000 - 8,234 Sq. Ft. on 0.94 acres


Property Info

CIMLS#1101748
Location
  185 South State Street
  Orem UT 84058
UpdatedSeptember 9th, 2021
TypeRetail
Price$2,150,000
Building8,234 Sq. Ft.
Land0.94 acres

Property Description

- 8,234 SF Freestanding Office/Retail

- Site Size: 0.94 Acres

- Built in 1971

- State Street Frontage

- Close Proximity to Utah Valley University and University Place Mall

- Nearby Access to I-15

- Credit Tenant

- Lease Type: NNN

- Net Operating Income: $110,915

- Cap Rate: 5.2%

- Purchase Price: $2,150,000.00

185 South State Street, Orem, Utah 84058

For more information on this property, please contact Derek Klopfer at 801.617.1705 or by email at derek.klopfer@crcnationwide.com. Derek Klopfer is a licensed real estate agent in the State of Utah and is affiliated with cRc nationwide Real Estate Brokerage.


Financials

- Credit Tenant

- Lease Type: NNN

- Net Operating Income: $110,915

- Cap Rate: 5.2%

- Purchase Price: $2,150,000.00



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