Listed by Colliers - Salt Lake City, Utah, Colliers Salt Lake City Downtown
$1,537,540
Parkway Meadows Office Building
Details
Property Type Office
Sub Type Traditional Office
Square Footage 5,212
Units 4
Cap Rate 6.00%
NOI $90,626
Occupancy 100%
Tenancy Multi
Lease Expiration 07/31/2027
Price per SqFt $295
Year Built 2004
Stories 2
Acreage 0.510
Zoning Community Commercial
Parking Spaces 31 spaces
Parking per 1,000 SqFt 5.95
Investment Type Stabilized
Lease Commencement 07/01/2026
Lehi Office For Sale | 5,212 SF | Investment Opportnity.
Marketing description
Rare Investment Opportunity - Multi-tenant Lehi office building with four demised suites and tenants in place. Parkway Meadows is a fully leased 5,212 square foot office building located at 1220 N 500 W in Lehi, Utah.
Investment highlights
- 5,212 SF Office
- .51 Acres
- Built 2010
- Fully Leased - 3 Tenants
- NOI $90,625.76
- Zoning: Community Commercial
- 31 Parking Stalls
Listing Contacts
Listed by Colliers - Salt Lake City, Utah, Colliers Salt Lake City Downtown
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,625.76
$7,552.15/mo
Valuation Metrics
0
DSCR
5.89%
Cap Rate
5.89%
ROI
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