Commercial Property for Sale - Prime Investment Opportunity
Address: 238 N Main Street, Monroe, UT 84754
Year Built: 2024
Total Building Size: 3,500 sq ft
This brand-new commercial building, completed in 2024, is a prime investment opportunity located in the heart of Monroe, Utah. The property is fully leased on a long-term basis to two high-quality tenants: Intermountain Health Care (IHC) and a popular gourmet pastry shop.
Key Highlights:
3,500 sq ft of modern, newly constructed space
$61,018 NOI
6% cap rate
IHC, a major healthcare provider, is currently investing a significant amount into custom tenant improvements, enhancing the property’s long-term value
Separately metered for both gas and power
Strong, long-term leases in place with stable tenants
With a prime location on Main Street and the presence of reputable tenants, this property offers consistent income and potential for future growth. The substantial investment by IHC in tenant improvements ensures their commitment to the space and further elevates the overall value of the building.
This is a rare opportunity for savvy investors to acquire a newly built, income-generating property with excellent long-term tenants. Contact us today for more details or to schedule a private showing.