7706 S Locust St - Office FOR SALE


Midvale, UT 84047
$2,300,876 USD
801-876-6070
7706 S Locust St, Midvale, UT for Sale
$2,300,876 USD
Office - FOR SALE
1/2
null | 6% Cap Rate

7706 S Locust St
Midvale, UT 84047


HIGHLIGHTS

  • 100% occupied building with billboard lease tenants
  • Office, Shop, and yard

OVERVIEW

100% leased investment opportunity! Rent Roll (Sept 2024) • Income: $126,667.68 • Expenses: 13,447.44 • NOI: $113,220.24 Proforma • Income: $151,500.00 • Expenses: 13,447.44 • NOI: $138,052.56 • Purchase Price: $2,300,876.00 • CAP Rate: 6.0%

FOR SALE DETAILS

PRICE

$2,300,876 USD

PRICE/SF

$371 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RC

APN/PARCEL ID

21-25-378-009-0000

ASK ABOUT THIS PROPERTY

Justin WelchCommercial Real Estate SpecialistsMore Info
801-876-6070

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Justin WelchCommercial Real Estate SpecialistsMore Info
801-876-6070

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