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29996862
30111113

836 S Spanish Fork Pkwy, Spanish Fork, UT 84660 For Sale

DR
UT UT 5491582
Colliers - Pleasant Grove - Utah County, Utah
NR
UT 13253945-SA00
Colliers - Salt Lake City, Utah
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
$2,500,000
139 days on market
Updated 1 day ago

SodaMix Two Tenant Building

Details
Property Type Retail
Sub Type QSR/Fast Food, Pharmacy/Drug (+1)
Square Footage 3,000
Net Rentable (SqFt) 1,500
Cap Rate 5.04%
NOI $126,000
Occupancy 50%
Tenancy Multi
Lease Type NNN
Price per SqFt $600
Year Built 2025
Buildings 1
Stories 1
Investment Type Net Lease
Sale Condition Sale for leaseback

High Traffic Retail Space

Marketing description

Introducing an incredible opportunity at 836 S. Spanish Fork Pkwy, Spanish Fork, Utah! This prime property offers a drive-thru option and outstanding visibility from Spanish Fork Parkway (Hwy 6). Boasting 1,500 - 3,000 SF of space, this location experiences high traffic with a high Annual Average Daily Traffic count. Situated next to one of the highest sales volume Walmart gas stations in the U.S., this property features ample cross-easement parking and attracts significant footfall. The lease rate is $42.00 per square foot, with a sale price of $1,800,000. The demographics within a 3-mile radius point to a burgeoning population and solid income levels, making this an attractive investment opportunity.

Investment highlights

  • Excellent visibility

  • Walmart anchored

  • High traffic count

  • Dense rooftop area

  • Ample parking

  • Easy access in and out

Listing Contacts

DR
UT UT 5491582
Colliers - Pleasant Grove - Utah County, Utah
NR
UT 13253945-SA00
Colliers - Salt Lake City, Utah
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,000.00
$10,500.00/mo

Valuation Metrics

0
DSCR
5.04%
Cap Rate
5.04%
ROI

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Additional Information

Name
David Runnells ★
License
UT 5491582
Brokerage
Colliers
Title
VP Investments
Name
Nate Runnells
License
13253945-SA00
Brokerage Phone
8016101300
Brokerage Address
2100 Pleasant Grove Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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