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Rare South County Medical Space. Like New with modern finishes. This is a Triple Net investment Property consisting of 3 adjacent Office Condominium Units with Long term lease in place (currently year 6 of 10). Yearly rental income $11,149. Tenant pays tax, insurance, & CAM fees. Lease increases 2% per year. CAP Rate 8%. Good traffic exposure to 400 South Springville and lots of parking.
DAYS ON MARKET | 39 | LAST UPDATED | 4/1/2024 |
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TRACT | PLAT A SOUTH VALLEY | YEAR BUILT | 2014 |
COMMUNITY | Provo; Mamth; Springville | COUNTY | Utah |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | Provo; Mamth; Springville |
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HEAT | None |
LOT | 0.4 acre(s) |
LOT DIMENSIONS | 0.0x0.0x0.0 |
SUBDIVISION | PLAT A SOUTH VALLEY |
TAXES | 12188 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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