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29182905
32929654

1899 S Redwood Rd, Salt Lake City, UT 84104

JH
UT 6409658SA00
Align Real Estate
Listed by Align Real Estate
$8,236,000
145 days on market
Updated 11 days ago

Redwood Road Small Bay Industrial

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 39,082
Units 18
Cap Rate 7.03%
NOI $578,652
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma NOI $76,523
Price per SqFt $211
Year Built 1996
Year Renovated 2008
Buildings 3
Stories 1
Acreage 2.260
Zoning MU8
Investment Type Stabilized
Ground Lease No
Loading Docks 19
Sale Condition For sale by owner

Stabilized Small Bay Industrial Investment

Marketing description

Rarely available in Salt Lake County. 19 unit, small bay industrial site situated on 2.24 acres. Prime location with freeway access, centrally located. Site is 100% occupied.

Owners are licensed real estate agents in the state of utah.

Investment highlights

Rare opportunity to acquire a fully occupied, 19-unit small bay industrial complex in Salt Lake City's emerging Glendale neighborhood. This 39,082 SF property sits on 2.26 acres with a compelling 7.0% cap rate and $576,523 in annual NOI — offering immediate, stable cash flow.

All 19 units are leased on NNN terms across two buildings, providing investors with a low-management, income-producing asset. Unit mix ranges from 1,500 SF to 5,400 SF, catering to the high-demand small bay industrial tenant base that continues to outperform broader commercial sectors.

Strategically positioned on Redwood Road with direct access to SR 201, the property offers premium connectivity to SLC International Airport, Downtown Salt Lake City, Sugarhouse, and Park City — making it a sought-after location for owner-operators and service-based tenants alike.

Asking Price: $8,236,000 | Cap Rate: 7.0% | 100% Occupied | NNN Leases

Listing Contacts

JH
UT 6409658SA00
Align Real Estate
Listed by Align Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$578,652.00
$48,221.00/mo

Valuation Metrics

0
DSCR
7.03%
Cap Rate
7.03%
ROI

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