475 E 200 S - Office FOR SALE


Salt Lake City, UT 84111- Central Salt Lake City
$2,562,000 USD
801-303-5569
475 E 200 S, Salt Lake City, UT for Sale
$2,562,000 USD
Office - FOR SALE
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475 E 200 S
Salt Lake City, UT 84111
Central Salt Lake City


HIGHLIGHTS

  • Great visibility on hard corner in periphery of Downtown Salt Lake City
  • Shown by appointment only
  • Please do not disturb tenants

OVERVIEW

• Sale & Partial Leaseback: Bank to leaseback 4,414 sf (19.8%) for 7 years • Credit Tenant: Bank tenant is rated A+ • Location: Prime visibility and strategically located on the hard corner of 500 East and 400 South • Strong Area Demographics: Within a 3-mile radius, there are 64,185 households featuring average annual income of $114,455 with daytime population of 138,112 • Covered-Land Play: Asking price of $2,562,000 provides a strong land-basis of $83 PSF should bank tenant vacate from the premises • Shown by appointment only • Please do not disturb tenants

FOR SALE DETAILS

PRICE

$2,562,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bank Branch Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

31,121 SF

ZONING

R-MU

APN/PARCEL ID

16-06-206-021,16-06-206-029

ASK ABOUT THIS PROPERTY

JT ReddCushman & WakefieldMore Info
801-303-5569

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JT ReddCushman & WakefieldMore Info
801-303-5569

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