1850 Sidewinder Dr - Medical FOR SALE


Park City, UT 84060
$6,450,000 USD
435-575-5215
1850 Sidewinder Dr, Park City, UT for Sale
$6,450,000 USD
Medical - FOR SALE
1/24
null | 5.88% Cap Rate

1850 Sidewinder Dr
Park City, UT 84060


HIGHLIGHTS

  • Central location
  • Excellent parking
  • Reserved covered and secure parking

OVERVIEW

Rare investment opportunity in Park City. Multi tenant office building has been recently remodeled and leases extended with an average in place lease term of more than 8 years. All leases have annual increases supporting in-place income growth. Property consists of two commercial condominiums that are demised into six suites. Property is 90% leased with pending lease that will bring it to 100% leased. Great location with excellent parking - both surface as well as covered/secure reserved parking stalls. Owner/Listor - Jon-Eric Greene of SSG Realty Partners is also the principal of ownership entity and holds active Utah and Hawaii real estate broker licenses.

FOR SALE DETAILS

PRICE

$6,450,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

5.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park City Surgical & Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,681 SF

ZONING

C1

APN/PARCEL ID

PCSM-310,PCSM-410

ASK ABOUT THIS PROPERTY

Jon-Eric GreeneSSG Realty PartnersMore Info
435-575-5215

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Jon-Eric GreeneSSG Realty PartnersMore Info
435-575-5215

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