8851 SANDY PARKWAY Unit BLDG A, Sandy, UT 84070
Office building for sale with owner/user and income opportunities.
- Added:
- Nov 10, 2024
- Days on Market:
- 603
- Last Refresh:
- May 12 at 9:42 pm
Property Features for 8851 SANDY PARKWAY Unit BLDG A
General Information
- Standard status
- Active
- Size
- 29,870 SF
- Property subtype
- Office
Listing office Colliers International Intermountain LLC (WASATCH) (801) 947-8300
Listing date Nov 10, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers International Intermountain LLC (WASATCH)
HighLights
- Owner/user opportunity with occupancy from 2,686 RSF to 8,932 RSF.
- Rental income from occupied spaces.
- Total building size of 29,870 RSF.
- Fantastic center‑valley location.
- Easy access to I‑15 at 90th South.
- Future expansion options.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $641.6k | $21.48 |
| − Vacancy | −$64.2k | −$2.15 |
| EGI | $577.4k | $19.33 |
| − OpEx | −$144.4k | −$4.83 |
| NOI | $433.1k | $14.50 |
Alternative Uses
Current Use by Public Records
Map
- City
- Sandy
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.888
- Latitude
- 40.5769
