Showroom For Lease • 5,171 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste E | Flex | 5,171 SF | $15.00 USD/SF/YR | |
Suite E: 5,171 SF available » Warehouse: 2,256 SF » Main floor office: 1,590 SF » Second floor office: 1,325 SF • Sales price: $1,111,765 ($215/SF) • CAP rate with 5% vacancy: 6.63% • Current lease rate: $6,463.75/month base rent ($1.25/SF NNN) • NNN fees estimated at $1,137.62/month ($0.22/SF) • Year built: 2007 • Tenant lease expires September 30, 2026 • Owner/agent
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Positioned in a highly desirable area of Springville, this well-maintained commercial property at 1195 N. Spring Creek Place, Suite F offers a total of 5,171 square feet, thoughtfully configured with 2,256 SF of warehouse space, 1,590 SF of main floor office, and an additional 1,325 SF of second-floor office. Built in 2007, the property features a shared outdoor dock-high loading area, two 12’ x 12’ roll-up doors, abundant parking, and attractive landscaping, making it ideal for a variety of industrial or office users. Offered at $997,319 ($189/SF), the asset presents a strong investment opportunity with a 7.39% CAP rate (assuming 5% vacancy). The current lease generates $6,463.75 per month in base rent ($1.25/SF NNN), with estimated NNN expenses of $1,137.62 per month ($0.22/SF). The existing tenant lease runs through September 30, 2026, providing stable income while maintaining flexibility for a future owner-user. This owner/agent listing is perfectly suited for an individual business seeking a strategic, income-producing property in a growing market.
| Beautifully landscaped |
| Abundant parking |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Fastfill Systems | ||
| Fibertel | ||
| Kasteel Property Management | ||
| Quality Carpet Cleaning | ||
| Quality Restoration | ||
| Zmetrix |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 4.3 mi | |
| 9 min | - | 4.3 mi | |
| Airport | Drive | Walk | Distance |
| Provo Municipal | 12 min | - | 6.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 121 |
| Type: | Surface |
| Included in Rent: | Yes |