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313-315 N. State Street - Orem Office

Overview

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Ad number:#991608050
Contact:Derek Klopfer
Phone:801-617-1700
City:Orem
Zip:84057
Price:$1,100,000.00
Square ft:7200
Beds:N/A
Baths:N/A

Description

- 7,200 SF Medical/General Office

- Current Tenant has Occupied for 7 Years

- Monument Signage Available

- Courtyard Area with Mature Trees

- New Roof, HVAC and Mechanical

- Great Location with Excellent Exposure on State Street

- Close Proximity to Timpanogos Hospital and Orem Community Hospitals

- Easy Access to I-15

- Lease Type: Modified Gross
- Lease Term: 5 Years (New Lease Signed Upon Closing)
- Current Gross Income: $63,900.00
- Cap Rate (Proforma): 7.9%
- NOI (Proforma): $86,400.00
- Purchase Price: $1,100,000.00

 

313-315 N. State Street, Orem, Utah 84057

 

For more information on this property, please contact Derek Klopfer and Colter Smith at 801.617.1700 or by email at derek.klopfer@crcnationwide.com, colter.smith@crcnationwide.com.  Derek and Colter are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.

 

 

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