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28855110
28855100

268 W 400 S, Salt Lake City, UT 84101

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Newmark Mountain West
Listed by CrownPoint Partners, Newmark Mountain West
$5,291,338
205 days on market
Updated 1 day ago

Downtown Salt Lake Dental Surgery Center

Details
Property Type Office
Sub Type Medical Office
Square Footage 14,930
Cap Rate 6.35%
NOI $336,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Price per SqFt $354
Broker Co-Op Yes
Year Renovated 2024
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Dental Surgery Center Investment | 15-Year NNN | 6.35% CAP | 14,930 SqFt

Marketing description

• Long-Term Stability: Brand-new 15-year Absolute NNN lease offers predictable cash flow with zero landlord responsibilities.

• Strong Tenant: Occupied by a well-established company with a history of success and industry leadership.

• Proven Performance: Operated by an experienced tenant with a track record of reliable operations and growth.

• Prime Salt Lake City Location: Strategically positioned in a growing market with excellent access to major roadways and a strong local economy.

• Attractive Lease Terms: Absolute NNN lease with 2.5% annual rent escalations ensures reliable income and built-in rental growth.

• Hassle-Free Ownership: No landlord responsibilities and potential tax advantages, including opportunities for accelerated depreciation.

• Economic Growth Potential: Located in a flourishing area with strong household incomes, a growing population, and a supportive local economy.

• Strategic Access: High visibility and accessibility in a well trafficked area, serving a strong and expanding community.

Investment highlights

• Thriving Market: Downtown Salt Lake City, Utah, is a vibrant urban core within the Salt Lake metro area, experiencing rapid population growth, a dynamiclocal economy, and a diverse business landscape, making it an ideal hub for commercial and cultural enterprises.

• Stable Demographics: The area features consistent household incomes and a growing residential base, ensuring steady demand for goods and services. Downtown Salt Lake City’s community stability supports long-term tenant reliability and business growth.

• Economic Strength: Downtown Salt Lake City benefits from a balanced mix of tech, tourism, and commercial developments, fostering sustained economic growth. The city’s strong job market and business-friendly environment create a solid foundation for long-term real estate investments.

• Strategic Accessibility: The property enjoys excellent connectivity to major highways, including I-15 and I-80, as well as proximity to Salt Lake City

International Airport, providing high visibility and seamless access for logistics, employees, and customers, enhances its appeal as a prime business location.

Listing Contacts

JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Newmark Mountain West
Listed by CrownPoint Partners, Newmark Mountain West

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Loan Amount
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Annual Cash Flow
$336,000.00
$28,000.00/mo

Valuation Metrics

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DSCR
6.35%
Cap Rate
6.35%
ROI

Map

Zoning

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D-2 CommercialSpecial CommercialDowntown Support District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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