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RASTAR 2211 W 2300 S

25,302 SF Flex Building Salt Lake City, UT 84119 $5,906,880 CAD ($233 CAD/SF) 6.36% Cap Rate

Executive Summary

Spark Commercial is proud to present the NNN investment property 2211 West Printers Row.
Located in West Valley City, UT, this property is leased to Convergint Technologies, LLC in its
entirety. The location is superb, offering the benefits of central Salt Lake County, excellent
freeway and highway access, and a well established business district. The property lies within a
Qualified Opportunity Zone. The site can access nearly all of the Wasatch Front within 45 minutes
or less and accessed the Salt Lake Airport in under 15 minutes.
The building is in good condition, with several areas updated as well as a thoughtful blend of office
and warehousing ideal for the long-term tenant. The Property is well-parked and offers great full-
building circulation. The layout and siting of the building offers superb utility and functionality for
a wide array of potential future uses.
The high-quality, credit Tenant (see following) has been in place for a number of years and the
property is well-suited for their operation. A recent update to the Lease expanded the Premises
to the entire building and converted the Lease to an NNN format.

Property Facts

Price $5,906,880 CAD
Price Per SF $233 CAD
Sale Type Investment NNN
Cap Rate 6.36%
Sale Conditions 1031 Exchange
Property Type Flex
Property Subtype
Light Manufacturing
  • Office Industrial Live Work Unit
Building Class B
Lot Size 1.63 AC
Rentable Building Area 25,302 SF
No. Stories 1
Year Built/Renovated 1974/2022
Tenancy Single
Parking Ratio 2.08/1,000 SF
Clear Ceiling Height 16 ft
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Fiber Optic Internet

Utilities

  • Lighting
  • Gas - Natural
  • Water - County
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Convergeint Technologies
  • Professional, Scientific, and Technical Services
  • 25,504 SF
  • -
  • Net
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Convergeint Technologies Professional, Scientific, and Technical Services 25,504 SF - Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-22-151-013-0000
Land Assessment
$882,256 CAD
Improvements Assessment
$2,988,317 CAD
Total Assessment
$3,870,572 CAD

zoning

Zoning Code M-West Valley City (Zoning M)
M-West Valley City (Zoning M)
  • Listing ID: 33858208

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 2211 W 2300 S, Salt Lake City, UT 84119

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