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2464 W 450 S - 2.8% Partial Interest - Liahona Prep Academy 24,000 SF Specialty Building Offered at $404,817 CAD at a 5.70% Cap Rate in Pleasant Grove, UT 84062

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INVESTMENT HIGHLIGHTS

  • The tenant has been in business since 1998. Good financials and a solid track record of taking great care of the property; overall great tenant.

EXECUTIVE SUMMARY

This is an awesome small NNN leased investment. There are 17 years left on a NNN lease. This seller owns 2.8% of the total property. Please note that only 2.8% of the NNN investment property is being sold.

PROPERTY FACTS

Price $404,817 CAD
Price Per SF $16.87 CAD
Sale Type Investment
Cap Rate 5.70%
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype Schools
Building Class C
Lot Size 3.00 AC
Building Size 24,000 SF
No. Stories 2
Year Built/Renovated 2008/2021
Zoning RA-5 - RA-5 Zoning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-708-0005
Land Assessment
$2,111,050 CAD
Improvements Assessment
$7,351,473 CAD
Total Assessment
$9,462,523 CAD
  • Listing ID: 35933205

  • Date on Market: 2025-05-21

  • Last Updated:

  • Address: 2464 W 450 S, Pleasant Grove, UT 84062

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