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Investment Highlights

  • Excellent location off Interstate 15
  • Rare flexible zone for mixed industrial and commercial uses on 1.27 acres of land
  • Interior space has been completely updated with all new electrical, plumbing and interior improvements
  • Strong Net Cash Flow with no landlord responsibilities

Executive Summary

Property Highlights: Dental Lab
• Triple Net Investment with strong cash flow.
• Mixed use zone for industrial and or office
• Complete Interior renovations in 2020.
• 2 Story building consisting of 10,875 SQFT
• 64 Parking Stalls situated on 1.26 acres, options to expand and redevelop.
• Tenant has tripled its business within the last year.
• $217,440 NOI
8.5% capitalization rate- Owner motivated due to moving out of state
• Direct access from I-15

Financial Summary (Pro Forma - 2025)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $217,440 $19.99

Financial Summary (Pro Forma - 2025)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $217,440
Annual Per SF $19.99

Property Facts

Price $2,550,000
Price Per SF $234.48
Sale Type Investment
Cap Rate 8.50%
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Light Manufacturing
  • Office Medical
  • FlexLight Distribution
Building Class B
Lot Size 1.26 AC
Rentable Building Area 10,875 SF
No. Stories 2
Year Built/Renovated 1988/2020
Tenancy Single
Parking Ratio 5.89/1,000 SF
Zoning Commercial - Multi-Use Commercial

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
27-01-302-002-0000
Land Assessment
$1,138,900
Improvements Assessment
$1,247,600
Total Assessment
$2,386,500
  • Listing ID: 32084899

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 9075 S Riverside Dr, Sandy, UT 84070

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