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Kenner Building 8899 S 700 E 29,735 SF 87% Leased Office Building Sandy, UT 84070 $5,400,000 ($181.60/SF) 8.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Well maintained with no deferred maintenance
- High tenant retention history
- Great south valley location
- 4/1,000 SF parking ratio
- Outstanding historical occupancy
- Number of tenants: 10
EXECUTIVE SUMMARY
Steel building with stucco finishes.
Assumable financing $3.6 million, 5.02% interest with a maturity date of 11/1/2032.
Assumable financing $3.6 million, 5.02% interest with a maturity date of 11/1/2032.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
29,735 SF
Building Class
B
Year Built
2007
Price
$5,400,000
Price Per SF
$181.60
Cap Rate
8.32%
NOI
$449,160
Percent Leased
87%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,868 SF
Slab To Slab
12’
Building FAR
0.36
Lot Size
1.89 AC
Zoning
BC - Business Commercial
Parking
137 Spaces (4.61 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
4,000 square feet of prime office space is available for lease at the Kenner Building in Sandy. This space features a mostly open layout with a kitchenette and modern glass doors.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 4,000 SF | Office | - | Now |
2nd Fl-Ste 200
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 200
| Size | 4,000 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
4,000 square feet of prime office space is available for lease at the Kenner Building in Sandy. This space features a mostly open layout with a kitchenette and modern glass doors.
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Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 28-05-151-091-0000 | Improvements Assessment | $2,611,600 |
| Land Assessment | $1,876,200 | Total Assessment | $4,487,800 |
PROPERTY TAXES
Parcel Number
28-05-151-091-0000
Land Assessment
$1,876,200
Improvements Assessment
$2,611,600
Total Assessment
$4,487,800
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Kenner Building | 8899 S 700 E
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