Skip to main content

Research and Development

Lincotek Medical

560 Golf Course Rd, Providence, UT 84332

Listing Price: $4,854,921

Cap Rate
5.75%
Gross SF
22,535
Price/Gross SF
$215.44
Lot Size
1.81 acres
Year Built
2013
Rentable SF
22,535

Investment Overview

560 Golf Course Road is a beautiful precast concrete tilt-up building constructed in 2013. The building has approximately 17,000 square feet of office space (with 40 private offices), 6,000 square feet of industrial // light manufacturing space, two spacious conference rooms, an open-concept innovation studio, a surgical lab, and an employee exercise facility. The building sits on approximately 1.81 acres of land and has a parking ratio of 3 spaces per 1000 square feet.

Investment Highlights

  • Tenant is a multi-national medical device manufacturer.
  • Tenant exercised option to extend lease effective April 1, 2020.
  • Four years remaining on current NNN lease with on five-year option remaining.
  • 2% annual rent increases.

Exclusively Listed By

Financing By

Research and Development

Lincotek Medical

Listing Price: $4,854,921

Cap Rate
5.75%
Gross SF
22,535
Price/Gross SF
$215.44
Lot Size
1.81 acres
Year Built
2013
Rentable SF
22,535

Investment Highlights

  • Tenant is a multi-national medical device manufacturer.
  • Tenant exercised option to extend lease effective April 1, 2020.
  • Four years remaining on current NNN lease with on five-year option remaining.
  • 2% annual rent increases.

Investment Overview

560 Golf Course Road is a beautiful precast concrete tilt-up building constructed in 2013. The building has approximately 17,000 square feet of office space (with 40 private offices), 6,000 square feet of industrial // light manufacturing space, two spacious conference rooms, an open-concept innovation studio, a surgical lab, and an employee exercise facility. The building sits on approximately 1.81 acres of land and has a parking ratio of 3 spaces per 1000 square feet.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower