Two-Building Commercial Portfolio 2 Retail Properties Offered at $1,739,623 CAD in Spanish Fork, UT

This offering includes two commercial buildings totaling 4,094 square feet, situated on a single parcel and zoned for commercial use. The property is listed at $1,275,000 and generates a combined Net Operating Income of approximately $85,800, reflecting a 6.73% cap rate.
The first building is 1,075 SF and is leased to SIP-N Drinks & Treats, a popular beverage and treat franchise, which pays $4,500 per month. SIP-N will be signing a new 10-year lease extension with two additional 5-year renewal options, backed by a corporate guaranty, providing stable, long-term income from an established operator.
The second building is 3,019 SF and is now fully leased, with an esthetician occupying the main floor at $2,550 per month plus $100 in CAM, and a piercing studio leasing half of the second floor at $925 per month plus $50 in CAM. The second building recently underwent a full interior buildout on both floors, including new flooring, paint, built-out private rooms, baseboards, lighting, electrical, and HVAC improvements.
Additional site upgrades include new curb, gutter, and fresh asphalt, making this a strong turnkey investment with stable tenancy and minimal ownership responsibilities.