1290 W 2320 S - Light Manufacturing FOR SALE


Salt Lake City, UT 84119
$2,522,000 USD
801-303-5555
1290 W 2320 S, Salt Lake City, UT for Sale
$2,522,000 USD
Light Manufacturing - FOR SALE
1/5
null | 8.21% Cap Rate

1290 W 2320 S
Salt Lake City, UT 84119


OVERVIEW

• Desirable flex configuration totaling 23,017 sf, features restaurant/catering (10,243 sf), office (7,497 sf), and warehouse (5,277 sf) • Mark-to-market opportunity as multiple tenants are on MTM leases with below market rents, estimated to be $0.75 PSF (in-place rent currently averages $0.60 PSF) • Situated in the robust Metro Business Park, comprising 13 buildings totaling 842,000 sf • Adjacent to the 201Freeway and Redwood Road, providing access throughout the region • A short 5-minute walk from the River Trail TRAX light rail station • At the center of the office-warehouse district of Salt Lake City

FOR SALE DETAILS

PRICE

$2,522,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

8.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building K

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

71

LAND DETAILS

LAND ACRES

1.59

LAND SF

69,260

ZONING

B/RP

APN/PARCEL ID

15-23-151-004-0000

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.