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582 W Pacific Dr
American Fork, UT 84003
Country View Veterinary Hospital · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Substantial Traffic Counts | Centrally located within a large retail area, State Street sees over 31,100 daily vehicles
- Large, Captive Pet Ownership Market | In 2023, Utah Property Solutions states that more than 58% of Utah households have at least one pet
- Affluent, High Growth Salt Lake City Bedroom Community|Within 1,3, & 5 Mile Radii, expected annual growth is 3.40% far surpassing the national average
- Exception Unit-Level Performance – Contact Agent for Details
EXECUTIVE SUMMARY
Bang Realty is pleased to present the Offering Memorandum for a Country View Veterinary Hospital located at 582 W Pacific Dr, American Fork, UT 84003. The site consists of roughly 2,420 rentable square feet of building space on an estimated 0.27-acre parcel of land. This Country View Veterinary Hospital is subject to a 15 Years-year Triple Net (NNN) lease, which commenced 8/1/2019. The current annual rent is $53,003 and has scheduled increases of greater of change in cpi or 2%.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
2,420 SF
Building Class
B
Year Built
1995
Price
$1,220,916 CAD
Price Per SF
$504.51 CAD
Cap Rate
6%
NOI
$73,255 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.27 AC
Zoning
SC-1
PROPERTY TAXES
| Parcel Number | 47-152-0003 | Improvements Assessment | $404,561 CAD |
| Land Assessment | $357,040 CAD | Total Assessment | $761,600 CAD |
PROPERTY TAXES
Parcel Number
47-152-0003
Land Assessment
$357,040 CAD
Improvements Assessment
$404,561 CAD
Total Assessment
$761,600 CAD
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