Map of Property

Gerber Collision & Glass

For Sale

899 North Industrial Park Road, Orem, UT 84057

This Orem property for sale is located at 899 North Industrial Park Road. The current listed sale price for Gerber Collision & Glass is $3,500,000. Gerber Collision & Glass is situated on a lot that is 1.73 acre in size.

Contacts

broker

Michelle Nelson

NAI Premier

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 24,206 SF
  • Lot Size 1.73 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 11, 2024
  • HVAC None
Strategically located near major highways, this property is just 500 feet from I-15 Exit 272, right off Canyon Parkway, offering excellent accessibility for logistics and commuting.With industrial properties in Orem experiencing steady rental growth, this property offers rents significantly below market rates, presenting an exceptional value-add investment opportunity. The area boasts a low industrial vacancy rate of just 2%, ensuring nearly zero vacancy for this property.

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Highlights

  • NOI: $172,800
  • CAP Rate: 4.94%
  • Lease Type: NNN
  • Lease Term: 3 Years remaining
  • Seller financing available

Getting around

  • 45/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Orem, UT
  • Neighborhood Timpview
  • Zip Code 84057
  • Market Salt Lake City

Points of Interest

  • Vineyard

    1.12 miles

  • Olde Towne Train Station

    3.68 miles

  • Provo

    6.99 miles

  • Chevron

    0.25 miles

  • Maverik

    0.31 miles

  • Sinclair

    0.50 miles

  • Holiday Oil

    0.86 miles

  • 7-Eleven

    1.19 miles

  • Exxon

    1.33 miles

  • UVU parking W2

    2.38 miles

  • Express Wash

    1.06 miles

  • Quick Quack

    1.44 miles

  • Wiggy Wash

    1.85 miles

  • 8th South Car Wash

    3.00 miles

  • CJ's

    3.52 miles

  • Quick Quack Car Wash

    4.44 miles

  • Hart's

    5.05 miles

  • Take 5 Car Wash

    5.32 miles

  • Mister Car Wash

    6.31 miles

  • Budget

    6.35 miles

  • Culver's

    0.32 miles

  • McDonald's

    0.35 miles

  • Pollos Asados de la Rosa

    0.37 miles

  • Subway

    0.38 miles

  • Sushi Up

    0.38 miles

  • Taco Bell

    0.41 miles

  • Taco Time

    0.44 miles

  • Mo' Bettahs

    0.67 miles

  • Swig

    0.68 miles

  • Panda Express

    0.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Michelle Nelson

NAI Premier