Listed by Colliers - Salt Lake City, Utah, Realty Professionals Heartland
$3,150,000
3065 S West Temple - Industrial Investment
Details
Property Type Industrial, Self Storage
Sub Type Warehouse
Square Footage 14,710
Cap Rate 6.43%
NOI $199,464
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 09/30/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options 1 option to renew for 5 years at FMV
Price per SqFt $214
Class B
Year Built 1976
Year Renovated 2024
Acreage 0.670
Zoning Commercial General
Investment Type Stabilized
Lease Commencement 10/01/2027
Ground Lease No
Ceiling Height 16-20'
Industrial | 6.43% CAP | 14,710 SqFt
Marketing description
Fully renovated 14,710 SF industrial facility in South Salt Lake with a tenant in place, offering immediate cash flow. The property features high power (800 amps), five grade-level doors, secure fencing, and a flexible layout of warehouse, office, and mezzanine space. Zoned CG and ideally located near I-15/I-80, this asset is positioned for long-term stability in a high-demand industrial corridor.
Investment highlights
- 0.67 Acres
- 14,710 Total SF
- 10,710 SF warehouse
- 2,200 SF office
- 1,800 SF mezzanine office
- 800 Amps, 480 Volt, 3-Phase power
- Five (5) 14’ x14’ automatic grade level doors
- CG Zoning (Commercial General)
- Built in 1976, fully renovated in 2024
- Excellent access to I-15 and I-80
- Fully fenced yard
- Prime South Salt Lake location
- Skylights throughout the warehouse
- Tenant in place thru October 2027
Listing Contacts
Listed by Colliers - Salt Lake City, Utah, Realty Professionals Heartland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$199,464.00
$16,622.00/mo
Valuation Metrics
0
DSCR
6.33%
Cap Rate
6.33%
ROI
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