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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

30 Transit Score

50 Walk Score

Highlights

100% Leased

2% & 3% annual rental increase

Multi-tenant building

Property Flyers

OM American Fork

Financial Summary (Actual)

Net Operating Income: $487,740 USD (2025)

Cap Rate:	6.97 %
Total Expenses:	$74,112 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
American Fork Station (FrontRunner - Utah Transit Authority (UTA))	5 min	-	2.0 mi
Vineyard Station (FrontRunner - Utah Transit Authority (UTA))	10 min	-	7.3 mi
Airport	Drive	Walk	Distance
Provo Municipal	21 min	-	15.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes