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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
An endorsed private home care provider for over 30 years with family values at their core. Helping Hands began as a small family business in Warwickshire in 1989, so they understand the importance of looking after loved ones. It means everything to them - just as it means everything to their customers. Today, as one of the largest and most respected home care providers in the UK, their family ethos still underpins and guides every part of what Helping Hands does and stands for.
- 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
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