342 South 600 East

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342 South 600 East

American Fork, UT 84003
Asking Price
$497K
Asset Type
Office
Class
Class B

What's Special

342 South 600 East is situated in a mixed-use commercial and residential corridor in American Fork, Utah. The property is located less than one mile from the Interstate 15 interchange, providing direct regional access to both Salt Lake and Utah Counties. The immediate neighborhood features a variety of local professional services, retail centers, and dining options. Public transportation is accessible via nearby UTA bus stops, and the site is positioned within a short driving distance of the American Fork FrontRunner station, facilitating commutes for employees and clients throughout the Wasatch Front. The building is designed for professional office use, suited for firms requiring a centralized location within North Utah County. The floor plan supports a variety of layouts, including private offices, conference rooms, and open collaborative spaces. Typical tenants for this asset class include administrative service providers, legal practices, insurance agencies, or satellite offices for regional technology firms. The property’s suburban setting and straightforward accessibility make it an appropriate fit for established businesses looking for functional workspace with proximity to established residential neighborhoods and regional transportation arteries.

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NOI
$80,000
Cap Rate
16.11%
DSCR
2.71
Strong
Cash-on-Cash
33.91%
Monthly Payment
$2,456.827
Annual Cash Flow
$50,518.08

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