1809 W State St Pleasant Grove UT 84062 | $2,600,000

Property Facts

Days on URE 18

Status ACTIVE

MLS# 2085364

Property Type Retail

Year Built 2015

Owner Lease-back. Long term, escalating leases. $169k NOI. 6.5% cap rate. Middle tenant is occupied by seller. Seller using proceeds to expand their business. Do NOT disturb tenants. Measurements obtained from county records

Misc. Overview

Sub-Lease
No

Project / Subdivision
GROVE COMMONS

Construction Status
Blt./Standing

Business For Sale
No

Business Only, No Real Estate
No

Property Features

Retail Features

Other Features

Investment

Parking

Property Size

Schools

Designated Schools

Elementary School

Middle School

High School

School District

View School Ratings by Utah Dept. of Education

Nearby Schools

GreatSchools Rating	School Name	Grades	Distance
1	Summit High (Yic) Public Middle School, High School	7-12	0.96 mi
3	Mount Mahogany School Public Preschool, Elementary	PK	0.47 mi
4	ATHENIAN eACADEMY Charter Elementary, Middle School, High School	K-12	0.58 mi
NR	Liahona Preparatory Academy Private Elementary, Middle School, High School	K-12	0.78 mi
8	Odyssey Charter School Charter Elementary	K-6	0.84 mi
NR	Dan W. Peterson Public Preschool, Elementary, Middle School, High School	PK	0.86 mi
7	Barratt School Public Preschool, Elementary	PK	0.87 mi
NR	Aristotle Academy Elementary		0.95 mi
1	Polaris High School Public High School	9-12	0.96 mi
NR	Polaris West High Public High School	10-12	1.11 mi
3	Spectrum Academy - Pleasant Grove Charter Elementary, Middle School, High School	K-12	1.34 mi
NR	Manila School Public Preschool, Elementary	PK	1.39 mi
NR	John Hancock Charter School Charter Elementary, Middle School	K-8	1.46 mi
5	American Fork High School Public High School	10-12	1.49 mi
5	Pleasant Grove Jr High School Public Middle School	7-9	1.52 mi

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

Ian Schwarting

801-857-7010

Listing Broker

Equity Real Estate (Prosper Group)
813 N 900 W
Orem, UT 84057
801-999-8824

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

1809 W State St