SVN Alta Commercial is proud to present this four-unit office condominium investment in Sandy. With three of the four condos leased, and one soon to be vacant, this product is ideal for an investor looking for a stable asset, or a small owner user looking to occupy just over 1,000 square feet and collect passive income on the other 3 leased suites. The market for professional office space in Sandy is healthy. Stable rents (market $18.95 PSF) and vacancy rates (12.9%) indicate that office suites in Sandy will remain a stable investment for the foreseeable future. The office suites in this property are in excellent condition with standard tenant improvements. Sandy is located in the heart of Salt Lake County and is a highly populated suburb of Salt Lake City, where demographics favor business ownership and local patronage. And, due to its proximity to Lehi (also known as the Silicon Slopes), Sandy is one of the fastest growing cities in UT. This property will remain an excellent place for professional tenants to locate and will be a sound investment.
