585 North 700 West
25,322 SF Office/Warehouse For Sale Offering an Owner/User or Sale-Leaseback Opportunity in NSL
Marketing description
The Offering
CBRE is pleased to present the opportunity to acquire an office/warehouse property located at 585 North 700 West in North Salt Lake. The subject property offers a flexible investment or owner-user opportunity, appealing to a wide range of buyers.
The ±25,322 square-foot building is currently 50% leased to a tenant through June 2029, providing stable in-place income. The remaining portion is occupied by the seller, who is open to negotiating a sale-leaseback or relocating, allowing an owner-user to potentially occupy up to half of the building.
Strategically positioned along 700 West, the property sits within a premier industrial corridor in Davis County, offering excellent connectivity with quick and convenient access to all major freeways.
Constructed in 2002 using durable concrete tilt-up construction, the building features both dock-high and grade-level loading, 19-foot clear heights, and 1,000 amps of power. These attributes provide flexibility for a variety of users and support efficient multi-tenant configurations, including demising into ±5,840 square-foot units.
Investment highlights
Property Specifications
- Building Size: 25,322 sq. ft.
- Potential Divisibility: Four ±5,840 sq. ft. units
- Land Size: 1.21 Acres
- APN: 01-083-0086
- Clear Height: 19’
- Loading:
- Two 14’ x 14’ Ground Level Doors
- Two 10’ x 10’ Dock High Doors
- Two 8’ x 10’ Dock High Doors
- Column Spacing: 32’ x 40’
- Building Depth: 120’
- Warehouse Lighting: LED and HEF
- Heat: Gas forced and Radiant
- Power: 1000 Amps, 277/480 Volt, 3 Phase
- Construction Type: Concrete Tilt
- Fire Suppression: Wet System
- Zoning: MD, Manufacturing-Distribution
- Year Built: 2002
- Parking: 33 Stalls
Centrally Located in the Heart of North Salt Lake’s Industrial Market
- Direct access to Legacy Parkway (SR-67) with connectivity to Davis County
- 1.4 Miles to Interstate 215 (I-215), linking I-15, I-80, and the regional highway
- 2.1 Miles to Interstate 15 (I-15), serving the entire Wasatch Front
- 10 Minutes to Salt Lake City International Airport (SLC)
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