Listed by CBRE - Salt Lake City
$4,902,200
Redwood Net Lease Industrial
Details
APN 15-10-126-037-0000
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 19,000
Net Rentable (SqFt) 19,000
Units 2
Cap Rate 6.34%
NOI $311,028
Tenancy Multi
Lease Type NNN
Year Built 1996
Year Renovated 2024
Buildings 2
Stories 1
Acreage 1.860
Zoning T & MU-5/6
Investment Type Net Lease
Ground Lease No
Ceiling Height 17
100% Leased - NNN - 6.34% Cap Rate - Below-Market Upside
Investment highlights
Redwood Net Lease Industrial offers investors a 100% net-leased 2-tenant industrial investment producing $311,028 of annual in-place NNN income with 3.1 years of WALT at a 6.34% cap rate in Salt Lake City’s most active industrial corridor. Totaling 19,000 SF across 1.856 acres with +/- 25% below-market rents, Redwood Industrial provides surety of cash flow with value-add upside. Since lease commencement, the largest tenant (X3 Ventures) has invested over $700K of their own capital into the space, creating exceptional stickiness.
Listing Contacts
Listed by CBRE - Salt Lake City
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$311,028.00
$25,919.00/mo
Valuation Metrics
0
DSCR
6.34%
Cap Rate
6.34%
ROI
Map
Zoning
MU-6 MixedMixed UseMixed Use 6 District
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View all 122 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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