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    Riverside Drive Investment Opportunity Title is generated by Realmo AI

    9075 S RIVERSIDE W DR, Sandy, UT 84070

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    For Sale
    $2,550,000

    Two-story mixed-use property with complete interior renovation and parking.

    Type:Commercial/Industrial
    Property size:
    10,875 SF
    Lot size:
    1.26 Acres
    Price / SF:
    $234/SF
    Added:
    Mar 12, 2026
    Days on Market:
    117
    Last Refresh:
    Apr 6 at 3:04 am

    Property Features for 9075 S RIVERSIDE W DR

    General Information

    Standard status
    Active
    Size
    10,875 SF
    Lot size
    1.26 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1988

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    Mark E Haroldsen

    Listing office Colliers International LLC (WASATCH)

    Listing date Mar 12, 2026

    Source Exitrealty

    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 LLC (WASATCH)

    HighLights

    • Triple net leased investment to credit tenant
    • $217,440 NOI/8.5% capitalization rate
    • Complete interior renovation in 2020
    • Mixed use zone for industrial/office
    • Quick easy access from I‑15
    • 64 parking stalls situated on 1.26 acres

    Overview

    This two-story mixed-use property offers 10,875 square feet of space on a 1.26-acre lot with 64 parking stalls. The property, which underwent a complete interior renovation in 2020, is a triple net leased investment to a credit tenant. The property is zoned for mixed industrial and office use. A new three-year lease term is in place, with new surgical equipment installed, demonstrating commitment for future growth. The property generates a net operating income of $217,440, reflecting an 8.5% capitalization rate. The location provides quick and easy access to I-15.

    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 $233.6k $21.48
    − Vacancy −$23.4k −$2.15
    EGI $210.2k $19.33
    − OpEx −$52.6k −$4.83
    NOI $157.7k $14.50
    10,875 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.25M
    $1.97M – $2.63M (±1% cap)
    NOI $157,677 @ 7.0% cap · market cap 6.18%
    Second Best
    Healthcare Medical
    $1.86M
    $1.63M – $2.17M (±1% cap)
    NOI $130,135 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    Multifamily LT 5
    $144.80M
    $126.70M – $168.94M (±1% cap)
    NOI $10,136,324 @ 7.0% cap · market cap 397.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Food Market (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Grocery & Convenience Store Wine and Liquor Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.91
    Latitude
    40.5855

    FAQs

    What type of property is this?
    Medical Office Space - Two-story mixed-use property with complete interior renovation and parking.
    Where is this medical office space located?
    The property is located at 9075 S RIVERSIDE W DR Sandy, UT.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: Triple net leased investment to credit tenant; $217,440 NOI/8.5% capitalization rate; Complete interior renovation in 2020
    More about this property
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