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413 E 620 S
2,290 - 3,752 SF Condo Units Offered at $750,000 - $999,900 Per Unit in American Fork, UT 84003
Executive Summary
Rare opportunity to own a small flex unit in American Fork. Current tenant has two years remaining on their lease. Current lease rate is under market rates, so there is an opportunity to push up rates or owner occupy after two years. Tenant does not have a right to a lease extension. Nicely appointed office with one private office on the main, and three private offices on the second floor. The building has 3-phase 200-amp service to each unit. Warehouse is heated. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.
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Property Facts
| Price | $750,000 - $999,900 | Floors | 1 |
| Unit Size | 2,290 - 3,752 SF | Typical Floor Size | 2,767 SF |
| No. Units | 2 | Year Built | 2017 |
| Total Building Size | 11,000 SF | Lot Size | 0.25 AC |
| Property Type | Industrial | Parking Ratio | 1.45/1,000 SF |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $750,000 - $999,900 |
| Unit Size | 2,290 - 3,752 SF |
| No. Units | 2 |
| Total Building Size | 11,000 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,767 SF |
| Year Built | 2017 |
| Lot Size | 0.25 AC |
| Parking Ratio | 1.45/1,000 SF |
| Opportunity Zone |
Yes |
2 Units Available
Unit 1
| Unit Size | 3,752 SF | Condo Use | Flex |
| Price | $999,900 | Sale Type | Investment |
| Price Per SF | $266.50 | No. Parking Spaces | 4 |
| Unit Size | 3,752 SF |
| Price | $999,900 |
| Price Per SF | $266.50 |
| Condo Use | Flex |
| Sale Type | Investment |
| No. Parking Spaces | 4 |
Description
3,752 SF
2,000 sf Warehouse
1,752 sf Office
.5 miles from i-15
14' GL Door
Heated Warehouse
Below market rents
2-Years remaining on lease
200 AMP 3-phase power
well appointed main floor and mezzanine office
Sale Notes
Rare opportunity to own a small flex unit in American Fork. Current tenant has two years remaining on their lease. Current lease rate is under market rates, so there is an opportunity to push up rates or owner occupy after two years. Tenant does not have a right to a lease extension. Nicely appointed office with one private office on the main, and three private offices on the second floor. The building has 3-phase 200-amp service to each unit. Warehouse is heated. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.
Unit Unit 2
| Unit Size | 2,290 SF | Condo Use | Industrial |
| Price | $750,000 | Sale Type | Investment or Owner User |
| Price Per SF | $327.51 |
| Unit Size | 2,290 SF |
| Price | $750,000 |
| Price Per SF | $327.51 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
Description
2,290 SF
2,060 sf warehouse
230 sf Office
.5 miles from I-15
14' GL door
200 AMP 3-phase power
Heated & Cooled Warehouse
Single Office
Mezzanine Storage
Owner user or sale/leaseback opportunity
Sale Notes
Owner User or Sale Leaseback opportunity. Rare opportunity to own a small flex unit in American Fork. Owner currently occupies the building and is willing to lease back or allow new owner to occupy. Single office on the main floor with small mezzanine storage above the office. The building has 3-phase 200-amp service to each unit. Warehouse is heated and cooled. Miguel Cuevas is a secondary agent on the property and is an owner agent. Please reach out to Blake McDougal or Miguel Cuevas for showings.
zoning
| Zoning Code | Industrial Flex Space (Industrial Flex Space Zoning) |
| Industrial Flex Space (Industrial Flex Space Zoning) |
Learn More About Investing in Industrial Properties
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413 E 620 S
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