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4875-4889 S Redwood Rd 10,800 SF 100% Leased Retail Building Salt Lake City, UT 84123 $2,500,000 ($231.48/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Value Add Retail
- Below Replacement Cost
- Below Market Rents
EXECUTIVE SUMMARY
Situated along a prominent commercial corridor
High visibility and high traffic counts with direct frontage along Redwood Road
Close Proximity to Salt Lake Community College and I-215
High visibility and high traffic counts with direct frontage along Redwood Road
Close Proximity to Salt Lake Community College and I-215
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
10,800 SF
Building Class
B
Year Built
1985
Price
$2,500,000
Price Per SF
$231.48
Cap Rate
8%
NOI
$200,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
2000
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-10-251-005-0000 | Improvements Assessment | $180,400 |
| Land Assessment | $994,200 | Total Assessment | $1,174,600 |
PROPERTY TAXES
Parcel Number
21-10-251-005-0000
Land Assessment
$994,200
Improvements Assessment
$180,400
Total Assessment
$1,174,600
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4875-4889 S Redwood Rd
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