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Alexis Retail Plaza Bldg 2 450 North County Blvd

8,952 SF 100% Leased Retail Building Pleasant Grove, UT 84062 $7,824,434 CAD ($874 CAD/SF) 6.24% Cap Rate

Executive Summary

Alexis Retail Plaza Building 2 is a prime retail space located in Pleasant Grove, Utah, within a high-growth area. This modern retail building is designed to meet the needs of a variety of tenants, offering flexible configurations to suit diverse commercial uses. Positioned in a bustling retail corridor, Building 2 benefits from heavy foot traffic and easy accessibility due to its strategic placement along North County Blvd.
The surrounding developments, including large-scale office spaces and mixed-use projects, contribute to a thriving business environment. With excellent visibility and proximity to residential neighborhoods and major commercial centers, Alexis Retail Plaza Building 2 is ideally suited for businesses looking to establish or expand in this rapidly growing market. The property is surrounded by a growing customer base and boasts a contemporary design that enhances curb appeal for tenants and visitors alike.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Building Size
8,952 SF
Building Class
B
Year Built
2023
Price
$7,824,434 CAD
Price Per SF
$874 CAD
Cap Rate
6.24%
NOI
$488,116 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Land Acres
2.95 AC

Nearby Major Retailers

Dutch Bros
Walmart Neighborhood Market
Starbucks
Cafe Rio
Diamond Rental
America First Credit Union
Costa Vida Fresh Mexican Grill
Mo’Bettahs
Everbowl
Beans & Brews Coffee House
  • Listing ID: 33551704

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 450 North County Blvd, Pleasant Grove, UT 84062

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