Industrial Property with
1070 W Parkway Ave, West Valley City, UT 84119
For Sale
New
Contact for pricing
Brink's is identified as the tenant at this West Valley City industrial property.
Property Size16,788 SF
Price / SF$273.53
Days on Market5
Property Features for 1070 W Parkway Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Tenant in Place
Listing Agency:
Matthews Real Estate Investment Services - Corporate
(866) 889-0550
Listed By:
Kyle Matthews · License UT CQ1066435, FL BK3554632
(310) 919-5757
Source:
Moodyscre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:25PM
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 Matthews Real Estate Investment Services - Corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 16,788-square-foot industrial property at 1070 W Parkway Ave in West Valley City, Utah, is associated with Brink's as its tenant. Brink's provides secure cash logistics and cash management services, including cash-in-transit, ATM servicing, vault management, and cash processing.
Key Highlights
- 16,788‑square‑foot industrial property
- Brink's is identified as the tenant
- Located at 1070 W Parkway Ave in West Valley City, UT 84119
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,952
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,879,040
$2.9M
Cap Rate 7%
$2,056,457
$2.1M
Cap Rate 9%
$1,599,467
$1.6M
Market Conditions
NOI Build-Up for 16,788 SF
Gross rent
$221.6K $13.20/SF
− Vacancy
−$16.0K −$0.95/SF
EGI
$205.6K $12.25/SF
− OpEx
−$61.7K −$3.67/SF
NOI
$144.0K $8.57/SF
Area
West Valley City, UT
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,879,040
Cap Rate 7%
$2,056,457
Cap Rate 9%
$1,599,467
Alternative Uses
Best Use
Industrial
$2.06M
$1.80M – $2.40M
NOI $143,952 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.81M
$4.21M – $5.61M
NOI $336,432 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 84119, UT
54,143
Population
16,811
Households
3.2
Avg Household Size
31
Median Age
16%
College-Educated
79%
High-School Grad
11.5 sq mi
ZIP Area
4,708
Density / Sq Mi
$66,616
Median Household Income
$35,676
Median Earnings
$1,418
Median Rent
$341,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Industrial properties in Salt Lake County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Brink's is identified as the tenant at this West Valley City industrial property.
Where is this industrial property located?
The property is located at 1070 W Parkway Ave West Valley City, UT.
What is the asking price?
The asking price for this property is $4,592,000.
What are key features of this property?
This property features: 16,788‑square‑foot industrial property; Brink's is identified as the tenant; Located at 1070 W Parkway Ave in West Valley City, UT 84119
