Pet IQ/Ballard Manufacturing | 1375 Mountain Springs Pky
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Pet IQ/Ballard Manufacturing 1375 Mountain Springs Pky
242,212 SF Industrial Building Springville, UT 84663 $39,800,114 CAD ($164 CAD/SF) 6.75% Cap Rate
Executive Summary
This investment presents a compelling opportunity to acquire a well-located industrial property in Utah County with a strong credit tenant secured by a long-term lease. The property’s prime position along I-15 provides excellent visibility and convenient access, enhancing its strategic value. Coupled with a stable income stream generated by a high-quality tenant, this asset offers a solid foundation for long-term investment returns. The combination of a desirable location, strong tenant covenant, expected market growth and lease term creates a low-risk, income-oriented investment profile. In addition the investment includes six plus acres of unused land for future expansion or development.
Property Facts
| Price | $39,800,114 CAD | Rentable Building Area | 242,212 SF |
| Price Per SF | $164 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1995 |
| Cap Rate | 6.75% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.53/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 28 ft |
| Building Class | C | No. Dock-High Doors/Loading | 12 |
| Lot Size | 19.41 AC | No. Drive In / Grade-Level Doors | 3 |
| Price | $39,800,114 CAD |
| Price Per SF | $164 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 19.41 AC |
| Rentable Building Area | 242,212 SF |
| No. Stories | 2 |
| Year Built | 1995 |
| Tenancy | Single |
| Parking Ratio | 1.53/1,000 SF |
| Clear Ceiling Height | 28 ft |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Signage
- Skylights
Utilities
- Lighting - Halide
1 of 1
PROPERTY TAXES
| Parcel Number | 23-020-0006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $28,431,361 CAD |
PROPERTY TAXES
Parcel Number
23-020-0006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$28,431,361 CAD
zoning
| Zoning Code | PI-1 (Industrial) |
| PI-1 (Industrial) |
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Pet IQ/Ballard Manufacturing | 1375 Mountain Springs Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.