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5522 S 3200 W 9,300 SF 100% Leased Office Building Salt Lake City, UT 84129 $1,950,000 ($209.68/SF) 6.78% Cap Rate
Executive Summary
Asking Price $1,950,000.00
CAP Rate 6.78%
NOI $132,150.00
Total Building Size 9,140 SF
Product Type Office Building
Tenancy 100% Occupied - Multi-Tenant
Suite 101 - 7,290 SF Tenant | State of Utah
Occupied since July 2005
Lease Exp. 7/31/2030
Suite 102 - 1,850 SF Tenant | Helping Hands
Occupied since October 2014
Lease Exp. 9/30/2027
Site Size 1.06 AC
Year Built 2005
Construction Type Wood Frame with Brick Veneer
Zoning C-2, Taylorsville City
APN # 21.17.227.012
CAP Rate 6.78%
NOI $132,150.00
Total Building Size 9,140 SF
Product Type Office Building
Tenancy 100% Occupied - Multi-Tenant
Suite 101 - 7,290 SF Tenant | State of Utah
Occupied since July 2005
Lease Exp. 7/31/2030
Suite 102 - 1,850 SF Tenant | Helping Hands
Occupied since October 2014
Lease Exp. 9/30/2027
Site Size 1.06 AC
Year Built 2005
Construction Type Wood Frame with Brick Veneer
Zoning C-2, Taylorsville City
APN # 21.17.227.012
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,300 SF
Building Class
B
Year Built
2005
Price
$1,950,000
Price Per SF
$209.68
Cap Rate
6.78%
NOI
$132,150
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,300 SF
Building FAR
0.20
Lot Size
1.06 AC
Zoning
C-2
Parking
53 Spaces (5.7 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Helping Hands began in 1989 when Mary Lee founded the business to support people who wanted to remain independent at home. The company has grown into a national home care provider, offering live-in care, visiting care and domiciliary care for adults with varying support needs. Services cover personal care, companionship, respite support, dementia care, Alzheimer's care, palliative care and nurse-led clinical support, with care plans tailored to individual routines and lifestyles. Helping Hands serves families who want an alternative to residential care and continue to live well in familiar surroundings.
- Utah State Office of Rehabilitation
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - | ||
| Utah State Office of Rehabilitation | Public Administration | - | - | - |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-17-227-012-0000 | Improvements Assessment | $840,400 |
| Land Assessment | $686,700 | Total Assessment | $1,527,100 |
Property Taxes
Parcel Number
21-17-227-012-0000
Land Assessment
$686,700
Improvements Assessment
$840,400
Total Assessment
$1,527,100
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5522 S 3200 W