1375 Mountain Springs Pky - Distribution FOR SALE


Springville, UT 84663
$27,964,444 USD
801-947-8300
1375 Mountain Springs Pky, Springville, UT for Sale
$27,964,444 USD
Distribution - FOR SALE
1/5
null | 6.75% Cap Rate

1375 Mountain Springs Pky
Springville, UT 84663


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$27,964,444 USD

PRICE/SF

$115 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pet IQ/Ballard Manufacturing

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

UTILITIES

Lighting - Halide

CLEAR CEILING HT

28 Ft

DOCKS

12

DRIVE INS

3

PARKING SPACES

320

LAND DETAILS

LAND ACRES

19.41

LAND SF

845,500

ZONING

PI-1

APN/PARCEL ID

23-020-0006

ASK ABOUT THIS PROPERTY

Brandon FugalColliersMore Info
801-947-8300

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Brandon FugalColliersMore Info
801-947-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.