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1278 S 1200 W

7,469 SF 100% Leased Industrial Building Marriott-Slaterville City, UT 84404 $1,651,515 CAD ($221 CAD/SF) 2.35% Cap Rate

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Investment Highlights

Owner/User building with rental income
Minutes from 1-15

Tenant in place since 2016, can be removed or signed to long-term lease

Executive Summary

The building has two separate bays. The owner's side has a small (450 SF) office area fully built with a conference room, several private offices, and a break area. The tenant side is currently leased by a diesel repair business that has been operating for more than eight years and has invested in lifts and other equipment. The business is a willing long-term tenant if the owner keeps it in place. This building provides a great chance to own your own space, collect rental income, and have room to easily expand in the future.The building consists of two distinct bays. The owner's side features a small office area of 450 square feet, which includes a conference room, several private offices, and a break area. The tenant side is currently leased to a diesel repair business that has been operating successfully for over eight years and has invested in lifts and other equipment. This business is interested in remaining a long-term tenant if the owner chooses to keep it in place. This building offers an excellent opportunity to own your own space, generate rental income, and have room for future expansion.

1278S1200W_MS - Sale Flyer

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Tenants

Property Facts

Price	$1,651,515 CAD	Lot Size	0.28 AC
Price Per SF	$221 CAD	Rentable Building Area	7,469 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	2.35%	Year Built/Renovated	1971/2022
Property Type	Industrial	Parking Ratio	1.61/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Flex Research & Development General Retail Auto Repair	Clear Ceiling Height	25 ft
Building Class	C	No. Drive In / Grade-Level Doors	3

Price	$1,651,515 CAD
Price Per SF	$221 CAD
Sale Type	Investment or Owner User
Cap Rate	2.35%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Flex Research & Development General Retail Auto Repair
Building Class	C
Lot Size	0.28 AC
Rentable Building Area	7,469 SF
No. Stories	1
Year Built/Renovated	1971/2022
Parking Ratio	1.61/1,000 SF
Clear Ceiling Height	25 ft
No. Drive In / Grade-Level Doors	3