1290 2320, Salt Lake City, UT 84119
23,017 SF | 100% Leased | Flex Building | Salt Lake City, UT 84119 | $2,487,983 ($108/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,487,983
- Property Type
-
Industrial
- Price / Square Foot
- $108
Listing Contacts
Kip Paul
Verified Profile
Michael King
Verified Profile
JT Redd
Verified Profile
Christopher Fiander-Carr
Verified Profile
- Property Info
Property Overview
• Desirable flex configuration featuring office (17,039 sf) and warehouse (5,978 sf)
• Mark-to-market opportunity as multiple tenants are on MTM leases with below market rents, estimated to be $0.75 PSF (in-place rent currently averages $0.51 PSF)
• Situated in the robust Metro Business Park, comprising 13 buildings totaling 842,000 sf
• Adjacent to the 201Freeway and Redwood Road, providing access throughout the region
• A short 5-minute walk from the River Trail TRAX light rail station
• At the center of the office-warehouse district of Salt Lake City
• Mark-to-market opportunity as multiple tenants are on MTM leases with below market rents, estimated to be $0.75 PSF (in-place rent currently averages $0.51 PSF)
• Situated in the robust Metro Business Park, comprising 13 buildings totaling 842,000 sf
• Adjacent to the 201Freeway and Redwood Road, providing access throughout the region
• A short 5-minute walk from the River Trail TRAX light rail station
• At the center of the office-warehouse district of Salt Lake City
Property Details
- Class
- C
- Year Built/Renovated
- 1984/1998
- Stories
- 1
- Property Subtype
- Flex, Manufacturing
- Lot Size (sq. ft)
- 69,260 SF
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].