Rockwell Ridge Business Park
RARE Flex Property Investment Sale | 80,118 SF
Marketing description
NEXUS Commercial Real Estate is proud to present a once-in-a-lifetime investment opportunity! The ROCKWELL RIDGE BUSINESS PARK is a two-building, 80,118 sq. ft., 100% leased, multi-tenant, Flex trophy asset with outsized growth potential driven by strong economic and demographic trends. It is located at what many consider to be the most desired Flex location in all of Salt Lake County (and Utah); right off I-15 exit at the gateway to The Point development, a 600-acre planned community in Draper. The park is supported by six adjacent retail buildings. All leases are NNN and WALT is 4.14 years. Year 1 NOI is $1,354,944. Contact exclusive listing agent for CA and OM. Jason Hagblom, NEXUS Commercial Real Estate, [email protected], 801-860-5030 direct.
Investment highlights
- Investment Sale
- 80,118 Sq Ft Flex property
- 11.53 acres
- 100% occupied
- 5 tenants in 7 units
- 11 potential suites
- Built 2018
- $1,354,944 NOI
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