CROUGAR DENTAL – BYU – MIXED USE OFFICE

$1,250,000

Additional Information:

  • Off Market Sale
  • The subject property is a dental office located a block from BYU.
  • LEOLA was able to structure a sale lease back scenario. The sellers took the sale proceeds and reinvested in a 1031 exchange.
  • The subject property had undergone several upgrades and remodeling prior to the sale.
  • The new ownership is a long-term holder in the area.
  • The property has open dedicated parking. In addition to the office space the building has 3 multifamily units.

Sale Indicators

  • Year Built: 1953
  • CAP: 4.99%
  • Building SF: 4,437
  • Lot SF: 5,294

Agent: