Published on: Friday, May 10, 2024
Updated on: Friday, May 10, 2024
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About the Lister
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Name: Blake H Parker
Company: Parker Real Estate Services, PC
Office Phone: (453)757-7610
Cell Phone: 4357577610
Provide Your Service
Financing  Business  Material
  Spring Creek Village
517 W 100 N Providence Utah , 84332
517 W 100 N Providence Utah                                                                                                , 84332  Parker Real Estate Services, PC
Listing ID: CL-Utah-10471

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.1
Net Operating Income: Contact Lister
Commission Split (%): 3
Quick Glance
Listing ID: CL-Utah-10471
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 75%
Year Build: 2002
Building Size: 60,000.00 SqFt
Lot Size: 2.00 Acre
No of Stories: 2
No of Parking: 200
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Copy 2 of SECOND FLOOR PLAN.PDF ( 1,397.10KB)
  • Download | Spring Creek 1st Floor.PDF ( 76.00KB)
  • Download | Spring Creek Sale OM.pdf ( 6,130.93KB)
Listing Summary
Classy Corporate Office Building. 48,281 SF with great tenant mix, medical and corporate.
Complete Details
Year Build: 2002
Building Size: 60,000 SqFt.
No of Stories: 2
Total Lot Area: 2 Acre
No of Parking: 200
No of Total Units: 14
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 75%
Full Description
Great two story office building with 14 suites. 200+ parking stalls, fiber internet and nice mixture of medical and tech tenants. Well maintained high efficient property.
Additional Properties
Property Tenants
  • Health West Medical
  • Next Meters
  • Squeeze Media
  • American Family Insurance
  • Consolidated Smart Systems
  • Lone Pine Dermatology
Features
  • Well maintained and managed
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2023
$729,873.00
$0.00
$35,399.00
$672,678.00
$0.00
0%
Cash Flow for Current Listings
Listing Location