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4252 S 700 E Salt Lake City, UT 84107

For Sale
$3,500,000

COMMERCIAL - Murray, UT

Type:Office
Lot size:
0.58 Acres
Days on Market:
171
Last Refresh:
Dec 5 at 1:06 am

Property Features for 4252 S 700 E

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
Zoning
Commercial
APN
22-05-105-010
Interior features
Alarm: Fire, Restroom: Private
Exterior features
Paved Parking
Lot size
0.58 Acres

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1985

Investment Realty Advisors, LLC (801) 971-2542 [email protected]

Listing agent Joseph Mills (435) 485-7070

Listing date Jun 18, 2025

Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two-Story Office Building in Murray

This two-story, 10,282 square foot office building is designed to support a productive and professional workplace. It features a combination of private offices, open work areas, and essential amenities, catering to diverse business needs. The space provides the flexibility and features necessary for success, suitable for both growing companies and established firms. The building includes a spacious and welcoming open reception area, ideal for greeting clients and visitors, along with three well-appointed board rooms, perfect for meetings and presentations. There are 25 private offices offering privacy and space for focused work, as well as a comfortable break room for employees to relax and recharge. Open bull pen areas with cubicles foster collaboration and teamwork. Ample natural light fills the building, creating a bright and inviting work environment. The property is partially furnished, allowing for immediate occupancy with minimal setup. It is also well-maintained, ensuring a professional appearance and smooth operation. Ample parking is available for employees and visitors. The property is situated on a 0.58-acre lot with future development potential after the long-term lease expires. Currently, there is a cross-access easement over the church-owned lot to the west for additional parking, as well as overflow parking for the church on the subject property on Sundays. The offering includes a 10-year lease with 2.5% annual escalations in place with a well-known law firm, along with the future opportunity for the church to free up the parking overlay, unlocking a higher and better future use.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The DeBry Law Firm Attorney Mighty Lawyers Legal Services

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salt Lake City
County
Salt Lake
State
Utah
Longitude
-111.872005
Latitude
40.678762

FAQs

What type of property is this?
Office building - Two-story office building with long-term lease and future development potential.
Where is this office building located?
The property is located at 4252 S 700 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Existing 10-year lease with a well-known law firm provides immediate and stable income; - High Current Net Operating Income (NOI) of $185,600.00 and a CAP Rate of 5.29%, escalating to 6.6%; - Future development potential on the .58-acre lot after the lease expires
More about this property
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