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We are pleased to offer a uniquely beneficial owner-user or investment opportunity, featuring a 3 suite, 25,852-square foot, single-story suburban medical office building with two absolute net tenant leases, plus an owner-user suite, available in the heart of the Salt Lake Valley. 6.1% CAP on in-place income. 8.43% CAP pro forma. Strategically located just off Interstate-15, the property benefits from high visibility thanks to 200,000+ vehicles daily passing by the LED signage visible from the Interstate. Additionally, the property is just minutes away from the Intermountain Medical Center-a flagship 100-acre, 500+ bed, Level I trauma center that serves as a referral hub for six surrounding states and over 75 regional healthcare institutions. Superb, Central Location Immediate Interstate and Hospital Access Electronic LED pole signage visible from Interstate-15. Suite A occupied by a synergistic long-established medical family practice tenant with first three (3) years rent pre-paid of five (5) year initial term. Suite B: Prime divisible 10,920 RSF with four egress points available for owner-user at effective $58/SF shell cost. Suite C: Long-term tenant, national credit, absolute net leased ambulatory surgical center with Medicare Deemed Status Accreditation. Renovated in 2023, 2021, 2018, 2015, 2014
| DAYS ON MARKET | 3 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| YEAR BUILT | 1975 | COMMUNITY | Murray; Taylorsvl; Midvale |
| COUNTY | Salt Lake | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Murray; Taylorsvl; Midvale |
| HEAT | None |
| LOT | 2 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| TAXES | 35888 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Colliers International LLC (WASATCH)
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