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Plaza 2100 140 W 2100 S 35,291 SF 100% Leased Office Building Salt Lake City, UT 84115 $6,500,000 ($184.18/SF) 3.60% Cap Rate
Executive Summary
Align Real Estate and Wasatch Valley Real Estate are pleased to present 2100 South Plaza. This two story office building provides exceptional cash-flow, with plenty of upside and future development potential, in the heart of Salt Lake City’s dynamic 2100 South commercial corridor.
Central Pointe Trax Station sits directly across from the property, and is the only station in the city served by all three rail lines, as well as the S-Line streetcar, thereby providing complete connectivity to the rest of the city.
Central Pointe Trax Station sits directly across from the property, and is the only station in the city served by all three rail lines, as well as the S-Line streetcar, thereby providing complete connectivity to the rest of the city.
Property Facts
Sale Type
Investment
Property Type
Building Size
35,291 SF
Building Class
C
Year Built/Renovated
1975/2007
Price
$6,500,000
Price Per SF
$184.18
Cap Rate
3.60%
NOI
$234,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,645 SF
Slab To Slab
11’
Building FAR
0.63
Lot Size
1.28 AC
Zoning
MU-5
Parking
84 Spaces (2.89 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Metro/Subway
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 15-13-480-018-0000 | Improvements Assessment | $342,300 |
| Land Assessment | $2,370,700 | Total Assessment | $2,713,000 |
Property Taxes
Parcel Number
15-13-480-018-0000
Land Assessment
$2,370,700
Improvements Assessment
$342,300
Total Assessment
$2,713,000
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Plaza 2100 | 140 W 2100 S
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