J. Austin Russell
Listed by J. Austin Russell
$4,500,000
270 West 600 South, Salt Lake City, Utah 84101
Details
APN 15-01-453-007-0000; 15-01-453-005-0000
Property Type Industrial
Sub Type Warehouse
Square Footage 4,950
Net Rentable (SqFt) 4,950
NOI $81,600
Tenancy Single
Lease Type NN+
Price per SqFt $909
Broker Co-Op Yes
Buildings 2
Stories 1
Lot Size (SqFt) 16,117
Zoning D-1
Parking Spaces 16 spaces
Parking Per SqFt 3.23
Industrial | 4,950 SF
Marketing description
Excellent Development or Owner User Opportunity on a corner lot in the heart of Downtown Salt Lake City. Property can be delivered vacant, or with Tenant in place (current lease is considerably below market). Parking lot billboard is separately owned with easement, and can be purchased for $1.2 Million (Billboard is on month to month lease, paying $2,700 per month). Clean Phase 1 and Partial Phase 2 available upon request.
Listing Contacts
J. Austin Russell
Listed by J. Austin Russell
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,600.00
$6,800.00/mo
Valuation Metrics
0
DSCR
1.81%
Cap Rate
1.81%
ROI
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