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Redwood Road Portfolio 2 Properties Offered at $6,850,000 in Multiple Locations
Investment Highlights
- Two-Property Redwood Road portfolio that features a 2.14-acre commercial lot and a fully leased 17,000 -square-foot office building.
- Long-term 10-year NNN lease in place with Odyssey House in place through 2030, with 3% annual rent increases providing immediate cash flow.
- Mullite parcel investment combining parcel numbers 21-15-379-032, 21-15-379-015, and 21-15-379-016, providing ample room for expansion.
- Highly visible corner land site zoned PO with exposure to 77,000 vehicles daily and immediate access to Interstate 215 and Interstate 15.
- Located in an affluent, fast growing Salt Lake City market close to many amenities, serving 418,000+ residents with strong population and job growth.
- PO zoning offers flexible development opportunities for vacant land, and a wide range of potential tenant uses for the office building.
Executive Summary
The Redwood Road Portfolio presents a compelling opportunity to acquire a highly visible 17,000-square-foot office and an adjacent 2.14-acre lot in the heart of Salt Lake City. Strategically positioned along Redwood Road, this portfolio benefits from exceptional exposure, strong demographics, and convenient access to major transportation corridors, making it well-suited for investors and developers seeking office space and commercial land for sale in Salt Lake City.
Located at 6196 South Redwood Road, this 2.14-acre corner lot is positioned at a heavily trafficked intersection. Zoned PO, the site offers excellent development flexibility. This central location enhances long-term value and supports a wide range of office or mixed-use possibilities. 6150 Redwood Road features a 17,000 -square-foot office building situated on a 1.64-acre lot. Constructed in 2007, the building features a unique architectural design providing functional, professional office space. The property is fully leased to Odyssey House under a triple-net lease, providing a stable income stream through 2030 with annual rent increases of 3%.
The portfolio is in a highly visible location with exposure to over 77,000 vehicles per day and offers immediate access to Interstate 215 and Interstate 15. Positioned between the crossroads of Taylorsville and the West Jordan Town Center, offering proximity to a thriving retail environment and surrounding commercial amenities. The surrounding area is home to a densely populated, affluent community that serves more than 418,000 residents with average household incomes exceeding $100,000, located approximately 12 miles from Downtown Salt Lake City.
Together, the Redwood Road Portfolio offers a rare combination of income-producing office space and well-located commercial land for sale. With strong visibility, freeway access, favorable zoning, stable tenancy, and a position within a growing community, this portfolio offers an exceptional opportunity for investors seeking both immediate cash flow and future development potential in one of Utah’s most dynamic commercial corridors.
Located at 6196 South Redwood Road, this 2.14-acre corner lot is positioned at a heavily trafficked intersection. Zoned PO, the site offers excellent development flexibility. This central location enhances long-term value and supports a wide range of office or mixed-use possibilities. 6150 Redwood Road features a 17,000 -square-foot office building situated on a 1.64-acre lot. Constructed in 2007, the building features a unique architectural design providing functional, professional office space. The property is fully leased to Odyssey House under a triple-net lease, providing a stable income stream through 2030 with annual rent increases of 3%.
The portfolio is in a highly visible location with exposure to over 77,000 vehicles per day and offers immediate access to Interstate 215 and Interstate 15. Positioned between the crossroads of Taylorsville and the West Jordan Town Center, offering proximity to a thriving retail environment and surrounding commercial amenities. The surrounding area is home to a densely populated, affluent community that serves more than 418,000 residents with average household incomes exceeding $100,000, located approximately 12 miles from Downtown Salt Lake City.
Together, the Redwood Road Portfolio offers a rare combination of income-producing office space and well-located commercial land for sale. With strong visibility, freeway access, favorable zoning, stable tenancy, and a position within a growing community, this portfolio offers an exceptional opportunity for investors seeking both immediate cash flow and future development potential in one of Utah’s most dynamic commercial corridors.
Property Facts
| Price | $6,850,000 | Number of Properties | 2 |
| Price / SF | $416.08 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 16,463 SF |
| Status | Active | Total Land Area | 3.78 AC |
| Price | $6,850,000 |
| Price / SF | $416.08 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 16,463 SF |
| Total Land Area | 3.78 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6150 S Redwood Rd, Salt Lake City, UT 84123 | Office | 16,463 SF | 2007 | $4,350,000 |
| 6196 S Redwood Rd, Taylorsville, UT 84123 | Land | 2.14 AC | - | $2,500,000 |
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