3105 W 5400 S - Medical FOR SALE


Salt Lake City, UT 84129
$1,799,000 USD
480-528-0937
3105 W 5400 S, Salt Lake City, UT for Sale
$1,799,000 USD
Medical - FOR SALE
1/65
null | 5% Cap Rate

3105 W 5400 S
Salt Lake City, UT 84129


HIGHLIGHTS

  • Fully leased with long-term tenants
  • Terrific Location with lots of daily traffic
  • Updated building with new roof and nice finishes on main floor

OVERVIEW

For sale - terrific investment opportunity. This recently updated/remodeled, multi-use commercial building on busy 5400 South. Property is 1.38 acres. Main floor has over 3,300 in leasable square footage (currently in year 3 of a 5-year + two 5-year lease option NNN lease with dental specialty provider). Building is fully leased with long-term lease on the main floor occupying the majority of the space. Six basement individual suites also leased and fully occupied (usually 1-2 year lease terms for basement tenants). Roof replaced in 2019, building and parking lot in excellent shape. Electronic monument sign added in 2021 draws in tons of viewership from the roughly 50,000 ADT that drives by via 5400 South. Low maintenance costs. Come take a look.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

RM

APN/PARCEL ID

21-16-102-022-0000

ASK ABOUT THIS PROPERTY

Blake HillsteadPBRC Holdings, LLCMore Info
480-528-0937

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Blake HillsteadPBRC Holdings, LLCMore Info
480-528-0937

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