Listed by Colliers - Pleasant Grove - Utah County, Utah
$4,000,000
Crescent Heights Office Building
Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 17,208
Net Rentable (SqFt) 17,208
Units 3
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 5.17%
Pro-Forma NOI $206,656
Price per SqFt $232
Broker Co-Op Yes
Class B
Year Built 2007
Year Renovated 2010
Buildings 1
Stories 3
Acreage 2.100
Zoning Commercial
Investment Type Owner/User
Sandy Office on 2.10 Acres For Sale
Marketing description
Sandy Office For Sale
• 17,208 SF office building
Currently divided into 5 suites which can be lease separately
Excellent Full/Partial Owner User Opportunity (Some Leases in Place)
• 2.10 acres of land
Ample parking (7.83 stalls per thousand)
Expand the existing building
Add additional structure
• Easy freeway/Trax access
• Creative tech finishes and efficient floor plans (Remodeled in 2010)
• Great location with flexible zoning.
Investment highlights
Suite 100 Leased - 3,200 SF
Suite 150 Available - 2,100 SF
Suite 200 Leased - 3,500 SF
Suite 250 Vacant - 1,800 SF
Suite 300 Leased - 5,300 SF
NET Annual Proforma Income Apx $210,000
Apx. 5.25 CAP
Not taking into account excess land value or potential income.
Listing Contacts
Listed by Colliers - Pleasant Grove - Utah County, Utah
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
