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33491920
33491921

2265 1300 West, Salt Lake City, UT 84119

JH
UT 10491675
NEXUS Commercial Real Estate
Listed by NEXUS Commercial Real Estate
$2,045,000
1 day on market
Updated 1 day ago

METRO L - 2265 South 1300 West

Details
APN 15-23-151-003-0000
Property Type Office, Industrial
Sub Type Traditional Office, Flex (+1)
Square Footage 12,028
Net Rentable (SqFt) 12,028
Units 49
Tenancy Multi
Lease Type NNN
Class C
Year Built 1984
Year Renovated 2017
Buildings 1
Stories 1
Acreage 1.110
Zoning B/RP
Parking Spaces spaces
Investment Type Owner/User
Ground Lease No
Ceiling Height 11
Loading Docks 2

Rare FLEX Property - Owner/User or Value-Add Opportunity

Marketing description

Zoned B/RP (Business/Research Park), the building accommodates the full spectrum of office, showroom, light-manufacturing and assembly, service, and storage uses, with 11’ clear height and two grade-level (10’×10’) overhead doors providing convenient drive-in loading for service-oriented and light-industrial operators. The four-unit configuration affords genuine optionality — occupy, lease, or a blend of both — rare in a right-sized building at this price point.

The property sits within West Valley City, Utah’s second-largest city and one of the Wasatch Front’s most active business-park submarkets, just off the 2100 South / SR-201 (21st South Freeway) corridor with rapid connection to the I-15 / I-80 interchange to the east and the I-215 beltway to the west. This central, infill position places operators within easy reach of the region’s deepest labor pool, Salt Lake International Airport, and the Union Pacific intermodal hub.

Offered at $2,045,000 ($170/SF), Metro Business Park – Building L is a rare, well-located owner/user or value-add investment opportunity in a supply-constrained infill market.

Investment highlights

Metro Business Park – Building L is a 12,028-square-foot, four-unit flex building of brick construction on 1.11 acres in the heart of West Valley City — the central business and light-industrial node of the Salt Lake Valley. Served by 49 surface parking stalls (a 4.07-per-1,000-SF ratio; uncommon in flex product), the property presents an exceptional owner/user or investment acquisition. Two of the four units (A-1 and B) are currently leased and producing in-place income, allowing an incoming owner to occupy the balance — anywhere from 58.57% up to 100% of the building — while the existing tenancy helps defray the cost of ownership. The occupancy structure positions the asset cleanly for

SBA 504 financing, with owner-occupancy comfortably above program thresholds from day one.

Listing Contacts

JH
UT 10491675
NEXUS Commercial Real Estate
Listed by NEXUS Commercial Real Estate

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Additional Information

Name
Jason Hagblom
License
10491675
Brokerage Phone
801-860-5030
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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