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27649 Old Lincoln Highway 32,317 SF Retail Building Wanship, UT 84017 $52,521,491 CAD ($1,625.20 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Growth Potential
- Onsite Distillery
- Long Term Lease NNN Lease
- Restaurant and Hospitality
EXECUTIVE SUMMARY
Berkshire Hathaway Utah Properties and Bang Realty are proud to present a rare and exceptional investment opportunity: the acquisition of the iconic High West Distillery Campus and Corporate Headquarters. Located at 27649 Old Lincoln Highway in Wanship (Park City), Utah, this premier asset is nestled within the stunning Blue Sky Ranch. Set in the scenic hills near Park City, the property offers a unique blend of luxury, heritage, and long-term stability. The property includes approximately 32,317 rentable square feet, featuring a 21,000 SF distillery, an 11,000 SF refectory, and a 3,000 SF warehouse, all situated on a 5.04-acre parcel. High West occupies the campus under a 20-year Absolute Triple Net (NNN) lease through November 30, 2043, with over 18 years remaining. The lease generates a net operating income of $1,881,421, with scheduled rental increases throughout the base term and renewal options.
Berkshire Hathaway Utah Properties
Katie Wilking
Katie.Wilking@bhhsutah.com
(435) 640-4964
UT RE License 8339389-SA00
Bang Reality & Surmount
Chris Mullin
Cmullin@Surmount.com
(332) 345-4308
UT RE License 12298078-SA00
Brian Brockman
Surmount@bangreality.com
(513) 898-1551
UT RE License 10849665-PB00
Berkshire Hathaway Utah Properties
Katie Wilking
Katie.Wilking@bhhsutah.com
(435) 640-4964
UT RE License 8339389-SA00
Bang Reality & Surmount
Chris Mullin
Cmullin@Surmount.com
(332) 345-4308
UT RE License 12298078-SA00
Brian Brockman
Surmount@bangreality.com
(513) 898-1551
UT RE License 10849665-PB00
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
32,317 SF
Year Built
2015
Price
$52,521,491 CAD
Price Per SF
$1,625.20 CAD
Cap Rate
5%
NOI
$2,626,075 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
5.20 AC
AMENITIES
- Corner Lot
- Restaurant
- Wheelchair Accessible
- Balcony
PROPERTY TAXES
| Parcel Number | NS-86 | Improvements Assessment | $23,940,570 CAD |
| Land Assessment | $141,384 CAD | Total Assessment | $24,081,954 CAD |
PROPERTY TAXES
Parcel Number
NS-86
Land Assessment
$141,384 CAD
Improvements Assessment
$23,940,570 CAD
Total Assessment
$24,081,954 CAD
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27649 Old Lincoln Highway
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