—Back on the market: Sale fell through after due diligence was completed, with no objections, failed due to a strategic realignment decision by the corporate user. This is a strong, clean medical investment opportunity—
A uniquely beneficial owner-user/investment opportunity, featuring a 25,852-square-foot, single-story suburban medical office and ambulatory surgical center, with absolute net tenant leases, long-term credit lease, prepaid rents, plus an available suite at an incredibly low effective price per square foot for an owner-user, in the heart of the Salt Lake Valley.
Strategically located just off Interstate-15, the property benefits from high visibility due to the 220,000+ vehicles that pass daily, with LED signage visible from the Interstate. Additionally, the property is just minutes away from Intermountain Medical Center—a flagship 100-acre, 500+ bed, Level I trauma center that serves as a referral hub for six surrounding states and over 75 regional healthcare institutions.
Salt Lake is recognized as one of the nation’s leading metro areas, and Utah is ranked the overall #1 state in the country by US News & World Report Best States Methodology, with top rankings in in categories such as economy, employment, and fiscal stability.
Given the property’s medical tenants with high-value improvements, long term credit & absolute net leases, and central valley geographic location, this investment is well-positioned to produce consistent performance in the country’s top metropolitan area.