• 313-315 N. State Street, Orem, UT 84057

This property isn't on the market right now.

Property Details

- 7,200 SF Medical/General Office

- Current Tenant has Occupied for 7 Years

- Monument Signage Available

- Courtyard Area with Mature Trees

- New Roof, HVAC and Mechanical

- Great Location with Excellent Exposure on State Street

- Close Proximity to Timpanogos Hospital and Orem Community Hospitals

- Easy Access to I-15
- Lease Type: Modified Gross
- Lease Term: 5 Years (New Lease Signed Upon Closing)
- Current Gross Income: $63,900.00
- Cap Rate (Proforma): 8.6%
- NOI (Proforma): $86,400.00
- Purchase Price Reduced: $1,000,000.00

  • Property Type
    Office
  • Submarket
  • Total Building Size
    7,966RSF
  • Property ID
    2212556