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Cottonwood Medical Plaza 201 E 5900 S 22,732 SF 88% Leased Office Building Murray, UT 84107 $5,500,000 ($241.95/SF) 6.19% Cap Rate
Investment Highlights
- Immediately adjacent to Intermountain Health’s TOSH campus
- Near-term first-floor lease rollover creates lease-up and mark-to-market potential
- High-visibility Murray location with convenient access to I-15 and I-215
- In-place income from established healthcare and wellness tenants
- 66 parking spaces, including 37 covered spaces, per owner records
- In-place income from established healthcare and wellness tenants
Executive Summary
Most first-floor lease terms expire by summer 2027, potentially creating approximately 7,900 square feet of contiguous space, subject to existing lease and option rights. The property features medical-oriented improvements, basement storage, 66 parking spaces including 37 covered spaces per owner records, visibility along 5900 South, and convenient access to I-15 and I-215. Ownership initiated exterior and common-area improvements in 2026. Financial and lease information is available upon execution of a confidentiality agreement. Buyer to verify all information.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Signage
- Storage Space
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Cottonwood Eye & Laser Clinic
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Elisha Zavielio LMT
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Eye Foundation of Utah
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Footprints Salt Lake City
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Ihc Work Med
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Ketamine for Depression Salt Lake City, PLLC
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- XLR8
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cottonwood Eye & Laser Clinic | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Elisha Zavielio LMT | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Eye Foundation of Utah | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Footprints Salt Lake City | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Ihc Work Med | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Ketamine for Depression Salt Lake City, PLLC | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| XLR8 | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
Situated within a medical building adjacent to the TOSH Medical Campus, this suite offers a functional, ready-to-use layout that allows a user to step in and get up and running quickly without the typical delays and costs of a full buildout. Ownership is actively pursuing plans to update and beautify the building, with improvements intended to modernize the property and enhance the overall tenant and patient experience. • Existing plumbing infrastructure throughout, significantly reducing tenant buildout cost and timeline • Dedicated reception and waiting area designed for smooth, intuitive patient flow • 5 Private offices and support space for providers, admin, and staff operations • Layout supports a wide range of uses including medical, dental, and specialty practices • Opportunity to upgrade finishes in conjunction with planned building renovations • Flexible configuration that can be tailored to fit specific practice needs This is a practical setup for a user who wants to move quickly and avoid reinventing the wheel. The core infrastructure is already there, so you can focus on dialing in the space instead of building it from scratch.
| Space | Size | Space Use | Build-Out | Available |
| Basement - Storage Unit 2 | 132 SF | Industrial | - | Now |
| Basement - Storage Unit 3 | 243 SF | Industrial | - | Now |
| Basement - Storage Unit 5 | 330 SF | Industrial | - | Now |
| 1st Fl-Ste 101 | 2,087 SF | Office | Full Build-Out | Now |
Basement - Storage Unit 2
| Size |
| 132 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
Basement - Storage Unit 3
| Size |
| 243 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
Basement - Storage Unit 5
| Size |
| 330 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 101
| Size |
| 2,087 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Basement - Storage Unit 2
| Size | 132 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
Basement - Storage Unit 3
| Size | 243 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
Basement - Storage Unit 5
| Size | 330 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Secure underground storage units available for lease. Ideal for medical supplies, records, equipment, inventory, or general business storage. Convenient on-site access within a well-lit parking garage environment.
1st Fl-Ste 101
| Size | 2,087 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Situated within a medical building adjacent to the TOSH Medical Campus, this suite offers a functional, ready-to-use layout that allows a user to step in and get up and running quickly without the typical delays and costs of a full buildout. Ownership is actively pursuing plans to update and beautify the building, with improvements intended to modernize the property and enhance the overall tenant and patient experience. • Existing plumbing infrastructure throughout, significantly reducing tenant buildout cost and timeline • Dedicated reception and waiting area designed for smooth, intuitive patient flow • 5 Private offices and support space for providers, admin, and staff operations • Layout supports a wide range of uses including medical, dental, and specialty practices • Opportunity to upgrade finishes in conjunction with planned building renovations • Flexible configuration that can be tailored to fit specific practice needs This is a practical setup for a user who wants to move quickly and avoid reinventing the wheel. The core infrastructure is already there, so you can focus on dialing in the space instead of building it from scratch.
Property Taxes
| Parcel Number | 22-18-326-010-0000 | Improvements Assessment | $2,038,000 |
| Land Assessment | $789,000 | Total Assessment | $2,827,000 |
Property Taxes
Contact the Sale Advisor
Cottonwood Medical Plaza | 201 E 5900 S