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338 E State Rd
American Fork, UT 84003 Silicon Slopes

$7,000,000 USD

Freestanding For Sale  •  37,588 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 37,588 SF
  • Lot Size 2.38 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 6.97 %
  • Tenancy Multiple
  • Zoning CG1
31 Transit Score
79 Walk Score

Highlights

100% Leased
2% & 3% annual rental increase
Multi-tenant building

Property Flyers

Financial Summary (Actual)

Net Operating Income: $487,740 USD (2025)
Cap Rate: 6.97 %
Total Expenses: $74,112 USD

Major Tenants

Tenant SF Occupied Lease End Date
Calvary Mountain View Church
Gandolfo's New York Deli
Paul Thomas Brazilian Jiu Jitsu 1/29/2028
Pregnancy Resource Center

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Andrew Cuppett 801-694-7723 Century 21 Everest Realty Group
Andrew Cuppett 801-694-7723 Century 21 Everest Realty Group