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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 TypeOffice
- Submarket
- Total Building Size7,966RSF
- Property ID2212556
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