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

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

413 E 620 S

2,290 - 3,752 SF Condo Units Offered at $1,077,045 - $1,435,916 CAD Per Unit in American Fork, UT 84003

Executive Summary

Rare opportunity to own a small flex unit in American Fork. Current tenant has two years remaining on their lease. Current lease rate is under market rates, so there is an opportunity to push up rates or owner occupy after two years. Tenant does not have a right to a lease extension. Nicely appointed office with one private office on the main, and three private offices on the second floor. The building has 3-phase 200-amp service to each unit. Warehouse is heated. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.

Data Room Click Here to Access

Property Facts

Price $1,077,045 - $1,435,916 CAD
Unit Size 2,290 - 3,752 SF
No. Units 2
Total Building Size 11,000 SF
Property Type Industrial
Property Subtype Warehouse
Building Class C
Floors 1
Typical Floor Size 2,767 SF
Year Built 2017
Lot Size 0.25 AC
Parking Ratio 1.45/1,000 SF
Opportunity Zone Yes

2 Units Available

Unit 1

Unit Size 3,752 SF
Price $1,435,916 CAD
Price Per SF $382.71 CAD
Condo Use Flex
Sale Type Investment
No. Parking Spaces 4
Description

3,752 SF
2,000 sf Warehouse
1,752 sf Office
.5 miles from i-15
14' GL Door
Heated Warehouse
Below market rents
2-Years remaining on lease
200 AMP 3-phase power
well appointed main floor and mezzanine office

Sale Notes

Rare opportunity to own a small flex unit in American Fork. Current tenant has two years remaining on their lease. Current lease rate is under market rates, so there is an opportunity to push up rates or owner occupy after two years. Tenant does not have a right to a lease extension. Nicely appointed office with one private office on the main, and three private offices on the second floor. The building has 3-phase 200-amp service to each unit. Warehouse is heated. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.

Unit Unit 2

Unit Size 2,290 SF
Price $1,077,045 CAD
Price Per SF $470.33 CAD
Condo Use Industrial
Sale Type Investment or Owner User
Description

2,290 SF
2,060 sf warehouse
230 sf Office
.5 miles from I-15
14' GL door
200 AMP 3-phase power
Heated & Cooled Warehouse
Single Office
Mezzanine Storage
Owner user or sale/leaseback opportunity

Sale Notes

Owner User or Sale Leaseback opportunity. Rare opportunity to own a small flex unit in American Fork. Owner currently occupies the building and is willing to lease back or allow new owner to occupy. Single office on the main floor with small mezzanine storage above the office. The building has 3-phase 200-amp service to each unit. Warehouse is heated and cooled. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.

zoning

Zoning Code Industrial Flex Space (Industrial Flex Space Zoning)
Industrial Flex Space (Industrial Flex Space Zoning)
  • Listing ID: 31601126

  • Date on Market: 2024-04-24

  • Last Updated:

  • Address: 413 E 620 S, American Fork, UT 84003

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}