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Alexis Retail Plaza Bldg 1 450 North County Blvd

7,481 SF 100% Leased Retail Building Pleasant Grove, UT 84062 $4,779,520 ($638.89/SF) 6.25% Cap Rate

INVESTMENT HIGHLIGHTS

  • Hard corner intersection and new road for smooth access onto North County Blvd
  • Immediate access to I-15
  • High demand need for food, health, and family-friendly related businesses
  • Notable surrounding corporate office and retail tenants
  • Center of an affluent demographic

EXECUTIVE SUMMARY

Fully leased retail investment opportunity of of 2000 West centrally located between two 6A high schools, Lone Peak and American Fork, populated with over 2,220 Students

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,481 SF
Building Class
B
Year Built
2024
Price
$4,779,520
Price Per SF
$638.89
Cap Rate
6.25%
NOI
$298,720
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.95 AC

NEARBY MAJOR RETAILERS

Dutch Bros
Walmart Neighborhood Market
Starbucks
Charles Schwab
Cafe Rio
Diamond Rental
America First Credit Union
Mo’Bettahs
Everbowl
Beans & Brews Coffee House
  • Listing ID: 35008411

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 450 North County Blvd, Pleasant Grove, UT 84062

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