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506 N 700 W 13,200 SF Industrial Building North Salt Lake, UT 84054 $2,750,000 ($208.33/SF) 5.55% Cap Rate
Investment Highlights
- Fire sprinklers throughout
- LED: 11/30/2028
- Easy access to Redwood Road, 1-215, I-15 and Legacy Parkway
Executive Summary
Sale Price: $2,750,000 / 5.55% Cap Rate
Property Facts
| Price | $2,750,000 | Lot Size | 1.00 AC |
| Price Per SF | $208.33 | Rentable Building Area | 13,200 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 5.55% | Year Built | 1995 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Zoning | MD | ||
| Price | $2,750,000 |
| Price Per SF | $208.33 |
| Sale Type | Investment NNN |
| Cap Rate | 5.55% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 13,200 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | MD |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Utah Wholesale Industrial Supply, LLC
- -
- 13,200 SF
- $0.95
- Triple Net
- Nov 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Utah Wholesale Industrial Supply, LLC | - | 13,200 SF | $0.95 | Triple Net | Nov 2028 |
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Property Taxes
| Parcel Number | 01-083-0064 | Improvements Assessment | $925,217 |
| Land Assessment | $381,150 | Total Assessment | $1,306,367 |
Property Taxes
Parcel Number
01-083-0064
Land Assessment
$381,150
Improvements Assessment
$925,217
Total Assessment
$1,306,367
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506 N 700 W
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