445 N 700 W - Warehouse CONDO FOR SALE


North Salt Lake, UT 84054
$1,100,000 USD
801-647-0254
445 N 700 W, North Salt Lake, UT for Sale
$1,100,000 USD
Warehouse CONDO - FOR SALE
1/20
null | Request Cap Rate

445 N 700 W
North Salt Lake, UT 84054


HIGHLIGHTS

  • Established Tenant with 5 year lease
  • Newer Construction
  • Minimal Landlord responsibility

OVERVIEW

Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,304 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,304 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

5,304 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

175,982 SF

ZONING

MD

APN/PARCEL ID

01-422-0105,01-422-0106

ASK ABOUT THIS PROPERTY

Alan ArbuckleBerkshire Hathaway Utah PropertiesMore Info
801-647-0254

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Alan ArbuckleBerkshire Hathaway Utah PropertiesMore Info
801-647-0254

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