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Parcel includes 869 & 871 Turf Farm . Great performing property with drive-up window. Surrounded with retail. 2 current triple net Tenants. Seller spent 45k to upgrade electrical to 3 phase 400 amp in 2022 for current restaurant and 26k in 2024 for all new landscaping. Property is currently netting 140K per year with 3% escalation built into the leases. Cap rate is 6.59%. Building is in great condition. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal. Buyer is advised to obtain an independent measurement.
| DAYS ON MARKET | 15 | LAST UPDATED | 1/24/2025 |
|---|---|---|---|
| TRACT | PAYSON PLACE | YEAR BUILT | 2014 |
| COMMUNITY | Payson; Elk Rg; Salem; Wdhil | COUNTY | Utah |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Payson; Elk Rg; Salem; Wdhil |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.49 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| SUBDIVISION | PAYSON PLACE |
| TAXES | 9260 |
| UTILITIES | Natural Gas Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Clear Choice Real Estate Company
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