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268 W 400 S
Salt Lake City, UT 84101
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Well-established DSO under a new 15-year Absolute NNN lease
- Near a strong mix of residential neighborhoods and commercial developments
- Predictable income growth and long-term stability
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,930 SF
Building Class
B
Year Built/Renovated
1979/2004
Price
$5,291,338
Price Per SF
$354.41
Cap Rate
6.35%
NOI
$336,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,465 SF
Slab To Slab
11’
Building FAR
1.32
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
D-2 - Opportunity Zone
Parking
25 Spaces (1.71 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Car Charging Station
- Open-Plan
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,428,400 | |
| Land Assessment | $1,454,900 | Total Assessment | $2,883,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,454,900
Improvements Assessment
$1,428,400
Total Assessment
$2,883,300
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