Warehouse for Sale in S Salt Lake Utah 84115
150 East 3300 South, S Salt Lake, Utah 84115
$1,575,000
$242 / sq ft 6.49% cap rate Listed Jul 5, 2024
6,500 sqft
Building
13
Parking
Class B
Class
About this property
Warehouse for Sale in S Salt Lake Utah 84115 is a retail for sale in S Salt Lake, Utah, listed at $1,575,000. Key details: building size 6,500 sqft, parking spaces 13, building class Class B, occupancy 100%. Listed by Marlon Hill of NAI Excel on LoopingCloud and last updated July 5, 2024.
Investment property, 6.5% CAP rate, 100% Occupied, 2,000 SF Retail / 4,500 SF Warehouse
Key highlights
- Investment property
- 6.5% CAP rate, 100% Occupied
- 2,000 SF Retail / 4,500 SF Warehouse
- Close to many amenities
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 6,500 sqft
- Parking Spaces
- 13
- Building Class
- Class B
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $102,194
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
6.49%
Cap rate
$102,194
Net operating income
$242
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2024 | - | - | - | $102,194 | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,575,000 | 6.5% | - | - | - |
Features and amenities
Highlights
- Investment property
- 6.5% CAP rate, 100% Occupied
- 2,000 SF Retail / 4,500 SF Warehouse
- 13 Parking stalls, additional parking on the street and parking lot across the street (Crown Pawn Building)
- Close to many amenities
- Close to I-15 and downtown Salt Lake City
- The current owner, Crown Jewelers and Pawn, will sign a lease for the entire building for 5 years at closing.
Location
Address as shown by the lister.
Get directionsAbout this area - Salt Lake City
- Population
- 24,380
- Housing units
- 10,532
- Land area
- 6.3 sq mi
- County
- Salt Lake
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadAdditional contacts
1 person to reach- Thomas LongakerBroker Associate (801) 619-2702
Frequently asked questions
What is the asking price of Warehouse for Sale in S Salt Lake Utah 84115?
Warehouse for Sale in S Salt Lake Utah 84115 is listed at $1,575,000. That works out to about $242 per square foot. The stated cap rate is 6.49%.
Where is Warehouse for Sale in S Salt Lake Utah 84115 located?
The property is in 150 East 3300 South, S Salt Lake, Utah 84115, Salt Lake County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 6,500 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Marlon Hill of NAI Excel listed this property. Use the Request Info button to send a message or call (801) 619-2701.
When was this listing published?
It was published on July 5, 2024 and last updated on July 5, 2024.
Listing information
- Listing ID
- CL-Utah-10854
- Published
- Jul 5, 2024
- Last updated
- Jul 5, 2024
- Views
- 581
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