151 Net-Leased Investment | 151 E 3450 N
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151 Net-Leased Investment 151 E 3450 N
212,685 SF Industrial Building Spanish Fork, UT 84660 For Sale
Investment Highlights
- Single Tenant Class A warehouse and manufacturing facility
- I-15 visibility and access
- Utah County is the most significant contributor to state growth, accounting for 39% of the state’s population gain in 2023
- Credit backed lease
- Planned I-15/2700 North Interchange (2026) providing direct access to the North and South of the property
- Located eight minutes from University Avenue/I-15 BYU exit
Executive Summary
Newmark Capital Markets is excited to introduce 151 Net-Leased Investment to the market. This concrete-tilt net leased investment offers a unique opportunity for investors to enter Utah’s robust industrial sector in the state’s fastest-growing county. Conveniently located just off I-15, the property is positioned in an area experiencing significant industrial development, alongside housing and job growth. With 12 years remaining on the lease and annual increases of 3%, this property serves as an attractive asset for investors seeking reliable income. This investment presents a solid strategy for those looking to achieve consistent, passive cash flow. Contact listing team for access and pricing.
Property Facts
| Sale Type | Investment NNN | Year Built/Renovated | 2001/2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.82/1,000 SF |
| Building Class | A | Clear Ceiling Height | 28 FT |
| Lot Size | 11.26 AC | No. Dock-High Doors/Loading | 13 |
| Rentable Building Area | 212,685 SF | No. Drive In / Grade-Level Doors | 3 |
| No. Stories | 2 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 11.26 AC |
| Rentable Building Area | 212,685 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2001/2024 |
| Tenancy | Single |
| Parking Ratio | 1.82/1,000 SF |
| Clear Ceiling Height | 28 FT |
| No. Dock-High Doors/Loading | 13 |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- Security System
- Signage
- Monument Signage
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $21,750,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,750,100
zoning
| Zoning Code | L1 (This district is intended to provide for employment related uses including light manufacturing, assembling, warehousing, and wholesale activities.) |
| L1 (This district is intended to provide for employment related uses including light manufacturing, assembling, warehousing, and wholesale activities.) |
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151 Net-Leased Investment | 151 E 3450 N
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