4575 S 5600 W - Medical FOR SALE


Salt Lake City, UT 84120
$1,662,000 USD
801-930-6750
4575 S 5600 W, Salt Lake City, UT for Sale
$1,662,000 USD
Medical - FOR SALE
1/10
null | 6.5% Cap Rate

4575 S 5600 W
Salt Lake City, UT 84120


HIGHLIGHTS

  • Brand-new NNN lease with minimal landlord obligations.
  • 10-year initial term with two five-year renewal options and 2% annual rent increases.
  • High-traffic location with 29,000 vehicles per day on 5600 West.
  • Excellent visibility and easy access to Mountain View Highway.
  • Surrounded by major retailers and established commercial corridors.
  • Sale-leaseback with a tenant that has a long operating history.

OVERVIEW

This single-tenant property offers a secure investment opportunity in the growing West Valley City market. The asset is occupied by Dana Orthodontics under a brand-new NNN lease, providing investors with a stable income stream and minimal landlord responsibilities. The lease features a 10-year initial term with two five-year renewal options and 2% annual rent increases, ensuring long-term income growth. Strategically located along 5600 West, the property benefits from excellent visibility and exposure to approximately 29,000 vehicles per day. The site offers convenient access to Mountain View Highway and is surrounded by a strong mix of national and regional retailers, including Walmart, Home Depot, and major shopping centers such as Jordan Landing and Valley Fair Mall. This sale-leaseback structure, combined with the tenant’s long operating history, makes this property an attractive option for investors seeking predictable returns. With a purchase price of $1,662,000, a 6.5% cap rate, and an NOI of $108,000, this asset delivers both stability and upside potential in a high-traffic corridor within the Salt Lake City metro area.

FOR SALE DETAILS

PRICE

$1,662,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dana Orthodontics

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

M1

APN/PARCEL ID

20-01-351-010-0000

ASK ABOUT THIS PROPERTY

Ty MillerLegend CommercialMore Info
801-930-6750

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Ty MillerLegend CommercialMore Info
801-930-6750

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