434 N MAIN ST Heber City UT 84032-1440

Mountain West is proud to present the opportunity to acquire the multi-tenant shopping center at Heber Valley Mall. Located directly off the heavily trafficked US-40 / Main Street, the 50,000+ SF building is 100% occupied and currently has nine tenants. The property is shadow anchored by one of the highest volume Kroger’s Smith’s Marketplace in the region making the center a main neighborhood draw.The site is located within Wasatch County and is less than 40 minutes out of Salt Lake City and the Salt Lake City International Airport. With long-term proven tenancy and the potential to increase the NOI, this asset provides an investor the opportunity to purchase a value-add investment in the booming Utah market.

STRONG LONG TERM RETAIL TENANTS

Multiple tenants have been in the center since the early 2000s showcasing great long-term track records.

BELOW MARKET RENTS

Heber Valley Mall offers below market rents in a market with virtually no vacancies. Offered at 4.65% cap rate makes this an ideal asset to any investor’s portfolio.

TRAFFIC COUNTS

The property is located directly off US-40, which has over 24,000 VPD.

LOCATION

Small Town Heber. It has been said with the many high mountains and valleys, Wasatch County is never hurting for water. There are many forests, rivers, and natural hot springs dotting the area. Wasatch County was a hunting ground for the Timpanogos Ute Indians who lived at Utah Lake.

Heber has all the convenience of a big city with the comfort of an authentic small town. The site is only 40 minutes out of Salt Lake and the newly remodeled Salt Lake International Airport.

SUROUNDING RETAILERS

Located within the main hub and surrounded by multiple national tenants including: Smith’s, Ream’s, Do It Best, Maverik, Jimmy John’s, Napa, Kelly Moore Paints, Wells Fargo, ACE Hardware, and many more.