724 S REDWOOD RD, SALT LAKE CITY, UT 84104

Redwood Workshop | Standalone ±7,000 SF Industrial Building with Secured Yard

Sale Price: $1,750,000 | 6.5% Cap (in-place) or Delivered Vacant at Close

Redwood Workshop features 25' clear heights, two drive-in doors, 3-phase / 400-amp power, and a dedicated paved-and-fenced yard on 0.358 acres, making it well-suited for contractors, equipment rental, distribution, automotive, and industrial outdoor storage (IOS) users. Centrally located in SLC, the Property is less than 3 miles from Downtown SLC with immediate access to I-80 (0.3 mi), I-215 (0.1 mi), I-15, the SLC International Airport, and the Union Pacific Intermodal Hub.

Purchase Flexibility: the Property can be acquired with in-place income or delivered fully vacant at closing for immediate owner-occupancy.

Building Specs

Size: ±7,000 SF warehouse

Land: 0.358 AC

Clear Height: 25'

Loading: 3 drive-in doors

Yard: Paved and fenced

Power: 3-Phase, 400 Amps

Year Built/Renovated: 1966 / 2024

Investment Features

In-place NNN lease to EasiRent through 10/31/2028

Current annual rent: $113,928 (6.5% cap rate)

3.7% annual escalations; no renewal options (NNN recovery structure)

Owner-Occupier Features

Can be delivered vacant at close for immediate occupancy

SBA 504 financing eligible

25' clear, dedicated secured yard, and heavy power in an infill location near Downtown SLC