2411 S 1070 W - Office FOR SALE


Salt Lake City, UT 84119
$3,200,000 USD
801-597-7588
2411 S 1070 W, Salt Lake City, UT for Sale
$3,200,000 USD
Office - FOR SALE
1/10
null | 6.2% Cap Rate

2411 S 1070 W
Salt Lake City, UT 84119


HIGHLIGHTS

  • 5 Year remaining on lease, 2-5 year extension periods with annual increases
  • Priced under replacement cost
  • Easy access to Trax

OVERVIEW

Long term Triple Net Leased Investment *Corporate Guaranteed by Recovery Innovations Inc. *14,274 Sq Ft *Residential Treatment Center *Recession proof Priced under replacement cost Lot Size: 1.55 AC *Zone: ?? *Built: 1995 *BACKUP Generator *Easy Access to Trax 5+ years remaining with annual increases 2, 5 Year Extension Periods with annual increases Buyer to work with Sellers 1031 Exchange Please DO NOT disturb tenants- Call Broker

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

B/RP

APN/PARCEL ID

15-23-181-005-0000

ASK ABOUT THIS PROPERTY

Mark HaroldsenColliers InternationalMore Info
801-597-7588

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Mark HaroldsenColliers InternationalMore Info
801-597-7588

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