1174 E Graystone Way - Office FOR SALE


Salt Lake City, UT 84106- Sugar House
$3,500,000 USD
801-747-9502
1174 E Graystone Way, Salt Lake City, UT for Sale
$3,500,000 USD
Office - FOR SALE
1/20
null | 6.13% Cap Rate

1174 E Graystone Way
Salt Lake City, UT 84106
Sugar House


OVERVIEW

Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

6.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Graystone Plaza

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RMF-30

APN/PARCEL ID

16-29-238-004

ASK ABOUT THIS PROPERTY

Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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Porter CriddleInvestment Realty AdvisorsMore Info
801-747-9502

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