Listed by Colliers - Salt Lake City, Utah
$12,380,000
526 N Aviation Way
Details
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 89,124
Net Rentable (SqFt) 89,124
Units 1
Cap Rate 3.87%
NOI $478,737
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 10/30/2026
Remaining Term 2
Rent Bumps Yes
Lease Options 2
Price per SqFt $139
Class C
Year Built 1973
Year Renovated 1996 & 2001
Buildings 1
Stories 2
Acreage 25.210
Zoning I & M-1
Investment Type Value Add
Tenant Credit Credit Rated
Lease Commencement 10/31/2021
Occupancy Date 10/31/2021
Ceiling Height 18 - 19 Feet
Dock High Doors 4
This “value-add” property is located in Cedar City, Utah just minutes from I-15. The property sits o
Marketing description
Square Feet: 89,124
Power: 4,000+ AMPS / 480 volt / 3 phase
Clear Height: 18-19 Feet
Doors: Docks and Drive-In Ground Level
Fire Sprinklers: Yes
Zone: I & M-1
Excess land 13.43 acres
Investment highlights
Remodeled Office
Special Improvements
Overhead Cranes
Heavy duty manufacturing
Just minutes from I-15
Prime Excess land that can be further developed
Listing Contacts
Listed by Colliers - Salt Lake City, Utah
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$478,737.00
$39,894.75/mo
Valuation Metrics
0
DSCR
3.87%
Cap Rate
3.87%
ROI
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