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1174 E Graystone Way
Salt Lake City, UT 84106
Graystone Plaza · Office Property For Sale
·
29,101 SF
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.13% |
| Sale Type | Investment |
| Cap Rate | 6.13% |
Sale Notes
Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 32 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1174 | 19,099 SF | Office | Upon Request | $214,410 |
Unit 1174
| Unit Size |
| 19,099 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| $214,410 |
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Unit 1174
| Unit Size | 19,099 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | $214,410 |
| Sale Type | Investment |
| Cap Rate | 6.13% |
| Sale Notes | |
| Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 32 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 29,101 SF | Typical Floor Size | 9,550 SF |
| Property Type | Office (Condo) | Year Built | 1962 |
| Building Class | C | Lot Size | 1.10 AC |
| Floors | 2 | Parking Ratio | 2.3/1,000 SF |
| Zoning | RMF-30 - Multi-Family Residential | ||
| Total Building Size | 29,101 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 9,550 SF |
| Year Built | 1962 |
| Lot Size | 1.10 AC |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | RMF-30 - Multi-Family Residential |
Amenities
- 24 Hour Access
- Security System
- Skylights
- Air Conditioning
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Matterport 3D Exterior
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Photos
Street View
Street
Map
