851 N McCormick Way - Distribution FOR SALE


Layton, UT 84041
$5,250,000 USD
801-566-4411
851 N McCormick Way, Layton, UT for Sale
$5,250,000 USD
Distribution - FOR SALE
1/20
null | 6.32% Cap Rate

851 N McCormick Way
Layton, UT 84041


HIGHLIGHTS

  • NNN Lease

OVERVIEW

Great investment opportunity! Currently leased by a nutraceutical and supplement manufacturer, this building supports specialized production uses with upgraded power, warehouse, ample dock and grade-level loading. Best if purchased with adjacent 855 N. McCormick Way. Built in 1999, this well-built distribution warehouse and office building consists of non-combustible exterior walls (block). It features over 9002 SF of office and approximately 25,155 SF (including 4,501 SF mezzanine) of warehouse/manufacturing space. This building's layout is set up for numerous industrial uses including pharmaceutical and supplement type manufacturing, storing and primed for shipping logistics. The building is fully climate controlled with both heating and cooling systems and features industrial-grade lighting, ventilation, and exhaust systems, as well as a comprehensive fire-sprinkler set up for safety and compliance. The exterior is professionally improved with paved parking.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

5

PARKING SPACES

53

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

M

APN/PARCEL ID

10-066-0079

ASK ABOUT THIS PROPERTY

Robert FarnsworthRE/MAX Associates UtahMore Info
801-566-4411

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Robert FarnsworthRE/MAX Associates UtahMore Info
801-566-4411

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