Listed by Colliers - Pleasant Grove - Utah County, Utah
$3,953,533
Saratoga Upstairs Medical Office
Details
APN 51:716:0201, 51:716:0202
Property Type Office, Mixed Use
Sub Type Medical Office
Square Footage 8,552
Net Rentable (SqFt) 8,552
Cap Rate 6.00%
NOI $237,212
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class A
Year Built 2022
Buildings 1
Zoning Commercial
Parking Spaces 5.01 per 1,000 sq ft
Investment Type Stabilized
Tenant Credit Credit Rated
Ground Lease No
Sale Condition N/A
Office | 6.00% CAP | 8,552 SqFt
Marketing description
This exceptional Class A medical office building is located in the rapidly growing Saratoga Springs market, offering 8,552 square feet of premium office space. Built in 2020, this modern property features contemporary architecture and is fully leased to two quality tenants: Redwood Family Therapy and Spa Trouve. The property is strategically positioned directly across from Costco Wholesale with smooth access via right in and right out on Redwood Road, providing excellent visibility and convenience for tenants and their clients.
Investment highlights
- 8,552 SF Class A Office
- Directly across from Costco Wholesale
- Modern Architecture
- Smooth Access: Right in and Right out on Redwood Rd.
Listing Contacts
Listed by Colliers - Pleasant Grove - Utah County, Utah
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$237,212.00
$19,767.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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