1973 N North Temple - Warehouse FOR SALE


Salt Lake City, UT 84116
$1,300,000 USD
323-379-5886
1973 N North Temple, Salt Lake City, UT for Sale
$1,300,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

1973 N North Temple
Salt Lake City, UT 84116


HIGHLIGHTS

  • 1973 N North Temple is a 1,998-square-foot warehouse with 900 square feet of industrial space and 900 square feet of office space.
  • Less than five miles from Salt Lake City International Airport, adjacent to the I-215 and I-80 interchange, and convenient to I-15.
  • Premier owner/user industrial opportunity ideally located among major cargo and service transportation routes.
  • Offers a 12’to 13’ ceiling height, 250 A/ 240 V single-phase power, one 10’ by 10’ loading door, a 4’ by 8’ loading door, and fenced outside storage.
  • Encompassing area is served via the Utah TRAX station within walking distance and the Salt Lake City Railroad less than 3 miles away.

OVERVIEW

1973 N North Temple is pleased to be presented to the market as an excellent owner/user/ industrial developer/ flex property with gated parking on TSA-MU-zoned land. The subject property offers 1,998 square feet on a 0.36-acre parcel. There is fenced-in outside storage space, a floor drain, an exhaust hood, one restroom, one 10-foot by 10-foot drive-in, one 4-foot by 8-foot drive-in, 250a/ 240v 1p power, and up to a 13-foot ceiling height. Zoned TSA-MU, this mixed-use employment area has a high concentration of jobs that attract people from the entire region. Land uses support the employment centers of various service and goods-producing industries. Building types have become more flexible over time, further enabling connectivity for all modes of business and travel – a high-demand item due to the limited street network. 1973 N North Temple is in a prime location for industrial/ flex/ mixed-use operations in Salt Lake County. It is approximately 3.5 miles from Salt Lake City International Airport, 3 miles from Salt Lake’s Specialized Railroad, and within walking distance of Utah’s public transportation, TRAX, station. Other users who share the surrounding area include the State of Utah and Salt Lake City corporate offices, Roland R. Wright Air National Guard Base, American Track railroad contractor, Love’s Travel truck stop, and XPO Logistics. Of a state-level overview, more than 6,000 tech and software companies are in the Salt Lake and Provo markets, including Overstock.com, Adobe, Qualtrics, and startups Pluralsight and Domo. Zions Bancorporation, Wells Fargo, Discover Financial Services, and American Express also have significant corporate footprints. Utah is a national leader in high job growth, low unemployment, low cost of doing business, and talented labor. Utah regularly ranks among the best states for business, careers, living, health, and quality of life. The state provides an array of employment opportunities in various industries. Of the condo site’s encompassing five miles, the local population of 176,396 residents is set to increase by 0.5% by 2028, with more than $1.9B spent annually and generated back into the local economy. There are approximately 212,310 daytime employees, with 175,255 reporting to service-producing industries and over 37,000 reporting to good-producing industries. Of the service-producing realms, trade transportation and utilities retain the largest group, and of good-producing, manufacturing has the largest.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.36

LAND SF

15,681

ZONING

TSA-MU

APN/PARCEL ID

08-34-353-051-0000

ASK ABOUT THIS PROPERTY

J. Austin RussellJ. Austin RussellMore Info
323-379-5886

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J. Austin RussellJ. Austin RussellMore Info
323-379-5886

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