Department of Veterans Affairs (VA)

This property is listed by Scott Reid of ParaSell, Inc.

‍

ParaSell, Inc. | A Licensed Utah Broker #11475495-CN00

‍

1. 20-Year Net Lease to the U.S. Government
   
   • Approximately 14.5 Years Remaining
2. U.S. Government Rated Aa1 by Moody’s and AA+ by S&P
3. Overall Shortage of VA Facilities and Internet-Resistant Medical Use Ensures Consistent Occupancy
4. Significant Tenant & Landlord Investment into the Building
   
   • Complete Rebuild in 2020 with No Deffered Maintenance
5. Signalized Hard Corner Location Along Major North-South Thoroughfare
   
   • Multiple Access Points, Monument Signage, and Ample Parking
6. Excellent Access and Visibility along State St/US-89 (46,900 ADT) at E 800 S (18,640 ADT)
   
   • Less than 2 Miles from I-15 (181,257 ADT) and US-189 (36,460 ADT)
7. Dense, Affluent, Growing Demographics Surrounding the Site
   
   • Population of 231,324 within 5-Mile Radius with an Annual Growth Rate of 1.09%
   • Average Household Income of $114,640 within 3 Miles of Site
8. Less than 1 Mile from Utah Valley University
   
   • Approximately 47,000 Students Enrolled
9. 3.5 Miles from Brigham Young University
   
   • Primary University of Church of Jesus Christ of the Latter-Day Saints
   • Student Body of Approximately 37,000
10. 7.5 Miles from Provo Airport, the Second Busiest Airport in Utah
11. Orem is the 6th Largest City in Utah
12. Less than 1 Hour’s Drive from Downtown Salt Lake City