North Pointe Building D
Multi-Tenant Office Investment Opportunity
Marketing description
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire North Pointe D (the “Property”) located in American Fork, Utah. North Pointe D comprises one 74,655-square-foot multitenant office building situated on 4.32 acres. Originally constructed in 2009, the Property offers a functional suburban office layout with a strong 5.0/1,000 parking ratio, supporting a broad range of tenant uses.
Located in the high-demand northern Utah County submarket and benefiting from the continued expansion of Silicon Slopes, along with close proximity to a robust retail amenity base, the Properties are supported by strong demographics, a deep and growing employment base, and continued economic expansion.
Investment highlights
Compelling Value-Add Opportunity
Currently 63% occupied with 2.76 years of WALT, North Pointe D offers investors in-place cash flow with meaningful upside through lease-up, mark-to-market rent growth, and proactive asset management
Strategic American Fork Location
Located at 1261 South 820 East in the heart of northern Utah County, North Pointe D offers convenient access to I-15, prominent freeway frontage, and exposure to corridor traffic counts of approximately 176,000 to 182,000 vehicles per day, along with connectivity to FrontRunner and the broader Wasatch Front
Silicon Slopes Growth
Situated within Utah’s rapidly expanding Silicon Slopes corridor, the Property is positioned to benefit from a technology ecosystem that accounts for 7.1% of the state’s workforce and more than $28 billion in annual economic impact, with access to a deep roster of major regional employers
Strong Regional Demographics & Employment Base
The Property is supported by Utah County’s 759,859 residents, 274,566 jobs, and 17,568 employer establishments, as well as American Fork’s 23.7% population growth since 2020 and nearly $99,000 median household income, underscoring the strength of one of Utah’s most dynamic growth corridors
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