899 Industrial Park Rd - Auto Repair FOR SALE


Orem, UT 84057
$3,500,000 USD
385-866-3007
899 Industrial Park Rd, Orem, UT for Sale
$3,500,000 USD
Auto Repair - FOR SALE
1/5
null | 4.94% Cap Rate

899 Industrial Park Rd
Orem, UT 84057


OVERVIEW

Strategically located just 500 feet from I-15 Exit 272, this 1.73-acre industrial parcel in Orem, UT, features 4 buildings currently leased to Gerber Collision and Glass. Situated in the heart of Orem's industrial district, this property offers an excellent investment opportunity with significant rental growth potential and minimal vacancy risk. Prime Location: Easy access from I-15 and Canyon Parkway Tenant: Stable tenancy with Gerber Collision and Glass Investment Potential: Below market rental rates offering value-add opportunities Low Vacancy: Utah County boasts a 2.00% vacancy rate, ensuring near-zero vacancy risk

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

4.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gerber Collision and Glass

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

53-444-0003

ASK ABOUT THIS PROPERTY

Bryant ParkerColliersMore Info
385-866-3007

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Bryant ParkerColliersMore Info
385-866-3007

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