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Airport Park 220 N 2200 W 23,253 SF Office Building Salt Lake City, UT 84116 $3,023,000 ($130.00/SF) 8.05% Cap Rate
Investment Highlights
- Credit Tenancy
- #1 Ranked Airport Proximity
- Dense, Affluent Trade Area
- Exceptional Highway Access
- North Temple Corridor (Power District)
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 220 Building, located at 220 North 2200 West in Salt Lake City, Utah. The Property comprises a 23,253-square-foot multi-tenant office building along the high-growth North Temple corridor, offering an airport-proximate, functionally efficient layout anchored by a prominent federal government tenant.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
23,253 SF
Building Class
C
Year Built/Renovated
1978/2003
Price
$3,023,000
Price Per SF
$130.00
Cap Rate
8.05%
NOI
$243,352
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,627 SF
Building FAR
0.24
Lot Size
2.18 AC
Zoning
MU-8 - Mixed Use 8
Parking
119 Spaces (5.12 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
IMMEDIATE ACCESS TO I-215 AND I-80. NEARBY TRAX STOP WITH DIRECT ACCESS TO SLC INTERNATIONAL AIRPORT. WITHIN MINUTES OF NUMEROUS RESTAURANTS, LODGING AND AIRPORT. FREEWAY VISIBILITY OFF OF I-215. Nearby TRAX stop with direct access to SLC International Airport
- 1st Fl-Ste 160
- 6,913 SF
- Office
- Shell Space
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 3,000 SF | Office | Shell Space | 30 Days |
| 1st Fl-Ste 160 | 6,913 SF | Office | Shell Space | Now |
1st Fl-Ste 100
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| 30 Days |
1st Fl-Ste 160
| Size |
| 6,913 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 100
| Size | 3,000 SF |
| Space Use | Office |
| Build-Out | Shell Space |
| Available | 30 Days |
IMMEDIATE ACCESS TO I-215 AND I-80. NEARBY TRAX STOP WITH DIRECT ACCESS TO SLC INTERNATIONAL AIRPORT. WITHIN MINUTES OF NUMEROUS RESTAURANTS, LODGING AND AIRPORT. FREEWAY VISIBILITY OFF OF I-215. Nearby TRAX stop with direct access to SLC International Airport
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 08-33-427-002-0000 | Improvements Assessment | $35,200 |
| Land Assessment | $4,297,000 | Total Assessment | $4,332,200 |
Property Taxes
Parcel Number
08-33-427-002-0000
Land Assessment
$4,297,000
Improvements Assessment
$35,200
Total Assessment
$4,332,200
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Airport Park | 220 N 2200 W
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