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5342 W. Parkway East Drive - Highland Net Leased Investment

Overview

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Ad number:#846189269
Contact:Matt Mangum
Phone:801-617-1710
City:Highland
Zip:84003
Price:$2,425,000.00
Square ft:7996
Beds:N/A
Baths:N/A

Description

- 7,996 SF Retail Building

- Site Size: 0.75 Acres

- Built in 2019

- Long Term Lease With Norton Performance

- 5 Miles from Silicone Slopes

- Easy Access to Alpine Highway and Timpanogos Highway


- Total Square Footage:  7,996 SF

- Lease Type:  NNN

- Lease Term:  7 Years

- Increases:  3% Annual Increases

- Cap Rate:  6.5%

- Net Operating Income:  $157,625.00

- Sale Price:  $2,425,000.00

 

5342 W. Parkway East Drive, Highland, Utah 84003

 

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

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