REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,450,000
2 Acres Lot
$ 7,450,000
2 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Rent
MLS Listing ID 2033647
Construction Status Blt./Standing
HOA Y/N No
Year Built 1975
Annual Tax Amount $35,888
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 0.0x0.0x0.0
Property Description
We are pleased to offer a uniquely beneficial owner-user or investment opportunity, featuring a 3 suite, 25,852-square foot, single-story suburban medical office building with two absolute net tenant leases, plus an owner-user suite, available in the heart of the Salt Lake Valley. 6.1% CAP on in-place income. 8.43% CAP pro forma. Strategically located just off Interstate-15, the property benefits from high visibility thanks to 200,000+ vehicles daily passing by the LED signage visible from the Interstate. Additionally, the property is just minutes away from the Intermountain Medical Center-a flagship 100-acre, 500+ bed, Level I trauma center that serves as a referral hub for six surrounding states and over 75 regional healthcare institutions. Superb, Central Location Immediate Interstate and Hospital Access Electronic LED pole signage visible from Interstate-15. Suite A occupied by a synergistic long-established medical family practice tenant with first three (3) years rent pre-paid of five (5) year initial term. Suite B: Prime divisible 10,920 RSF with four egress points available for owner-user at effective $58/SF shell cost. Suite C: Long-term tenant, national credit, absolute net leased ambulatory surgical center with Medicare Deemed Status Accreditation. Renovated in 2023, 2021, 2018, 2015, 2014
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Interior
Fireplace No
Exterior
View Y/N No
Present Use Office
Private Pool No
Building
Faces East
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 21-13-127-016
Listed by Colliers International LLC (WASATCH)
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown：
$0 Month
Get more info from a local expert!
By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.