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31477939
31477941

1001 E 450 S, Vernal, UT 84078 For Sale

CJ
8563999-SA00
Keller Williams Westfield
Listed by Keller Williams Westfield
$1,495,000
160 days on market
Updated 22 days ago

Vernal Commerical Industrial Rental Building

Details
Property Type Industrial
Sub Type Flex
Square Footage 19,756
Units 8
Cap Rate 5.43%
NOI $81,200
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 3
Year Built 1983
Year Renovated 2019
Ground Lease No
Sale Condition For sale by owner

Very well maintained 8 unit property in Vernal Utah

Marketing description

This well maintained 8 Unit Commercial Industrial building is located just to the northeast of the Vernal Regional Airport. This property would make a great addition to your investment portfolio. It is approximately 19,756 SF. Each unit has an office with a dedicated glass door entrance. Each unit has a 12'x14' overhead door and an entry door to the shop area. This building has had some recent updates. New asphalt parking lot and striping in 2025. All new metal roof and upgraded ceiling insulation in 2019. New LED light fixtures throughout in 2021. 5 of the 8 overhead furnaces have also been replaced in recent years. The industrial building next door is also for sale by the same owner. See utahrealestate.com MLS# 2136300 for more details. Buy one building or buy both! Qualified buyers/investors call the listing agent at 385-255-6829 with regards to rents and any questions. Tours of the property will only be given to buyers who have provided proof of funds and or qualifications. Buyer is required to verify all information provided in this listing or by the listing agent.

Listing Contacts

CJ
8563999-SA00
Keller Williams Westfield
Listed by Keller Williams Westfield

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$81,200.00
$6,766.67/mo

Valuation Metrics

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DSCR
5.43%
Cap Rate
5.43%
ROI

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