3583 W 9800 S - Medical FOR SALE


South Jordan, UT 84095- Outer S Jordan/Riverton/Bluffdale
$4,500,000 USD
385-394-6108
3583 W 9800 S, South Jordan, UT for Sale
$4,500,000 USD
Medical - FOR SALE
1/22
null | 6.65% Cap Rate


OVERVIEW

SoJo Health Center is a fully medical, neighborhood-serving office asset positioned for near-term stabilization. The property is currently anchored by long-standing medical tenants on 10-year NNN leases with annual 3% escalations, providing durable in-place cash flow and strong credit fundamentals. The remaining suites are in the final stages of lease negotiation, bringing the property to 100% occupancy at market rents. Upon stabilization, the asset offers a compelling blend of predictable income, medical tenancy, and upside protection through contractual rent growth. Construction on Bangerter Highway has been completed, providing immediate freeway access and significantly improved ingress and egress to the property, further enhancing tenant appeal and long-term marketability. At full lease-up, the property is projected to generate approximately $299,000 in NOI, supporting a competitive going-in cap rate relative to comparable stabilized medical assets.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

PO

APN/PARCEL ID

27-08-401-040-0000

ASK ABOUT THIS PROPERTY

Matt HartmanSpark RealtyMore Info
385-394-6108

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Matt HartmanSpark RealtyMore Info
385-394-6108

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