Temperature-Controlled Warehouse with
For Sale
$4,750,000
1605 West 2100 South, Salt Lake City, UT 84119
Temperature-controlled warehouse with forced air heating, evaporative cooling, and multiple monument and pylon signage options.
Property Size29,160 SF
Price / SF$162.89
Days on Market86
Property Features for 1605 West 2100 South
General Information
Standard status
Active
Size
29,160 SF
Property subtype
Industrial
Zoning
MU-11
Additional Details
Highway Access
Yes
Heavy Power
Yes
Amenities
monument signage
exterior building signage
pylon sign
temperature controlled warehouse
forced air heaters
evaporative coolers
Building Details
Building Size
29,160 SF
Year Built
1976
Tenancy
Multi
Listing Agency:
InterNet Properties
Listed By:
Christian Priskos, CCIM
(801) 573-8500
Source:
Iproperties
Added: Jul 13
Changed: Oct 6
Last Checked: Oct 5 at 5:15PM
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 InterNet Properties
Investment Insights
Based on property information with market context.
This temperature-controlled warehouse property includes both forced air heaters and evaporative coolers. Constructed in 1976, the building offers 29,160 SF and is zoned MU-11. Currently, two longstanding tenants occupy 19,117 SF, with 10,043 SF available for lease or owner occupation.
The property provides frontage off of 2100 South and includes signage options fronting the corridor, along with exterior building signage. A large pylon sign faces the freeway for additional visibility.
With multiple access points and strong power specifications noted in the remarks, the building is positioned for flexible use as an investment or owner-user opportunity within the Salt Lake City area.
The property provides frontage off of 2100 South and includes signage options fronting the corridor, along with exterior building signage. A large pylon sign faces the freeway for additional visibility.
With multiple access points and strong power specifications noted in the remarks, the building is positioned for flexible use as an investment or owner-user opportunity within the Salt Lake City area.
Key Highlights
- 29,160 SF warehouse built in 1976, zoned MU‑11
- Temperature‑controlled warehouse with forced air heaters and evaporative coolers
- Frontage on 2100 South with monument signage, exterior building signage, and a large pylon sign facing the freeway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$320,702
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,414,040
$6.4M
Cap Rate 7%
$4,581,457
$4.6M
Cap Rate 9%
$3,563,356
$3.6M
Market Conditions
NOI Build-Up for 29,160 SF
Gross rent
$524.9K $18.00/SF
− Vacancy
−$31.5K −$1.08/SF
EGI
$493.4K $16.92/SF
− OpEx
−$172.7K −$5.92/SF
NOI
$320.7K $11.00/SF
Area
Salt Lake City, UT
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,414,040
Cap Rate 7%
$4,581,457
Cap Rate 9%
$3,563,356
Alternative Uses
Best Use
Flex RnD
$4.58M
$4.01M – $5.35M
NOI $320,702 @ 7.0% cap · market cap 6.75%
Second Best
Warehouse
$3.44M
$3.01M – $4.01M
NOI $240,697 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$7.86M
$6.87M – $9.17M
NOI $549,929 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Salt Lake City, UT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Temperature-controlled warehouse with forced air heating, evaporative cooling, and multiple monument and pylon signage options.
Where is this flex space located?
The property is located at 1605 West 2100 South Salt Lake City, UT.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 29,160 SF warehouse built in 1976, zoned MU‑11; Temperature‑controlled warehouse with forced air heaters and evaporative coolers; Frontage on 2100 South with monument signage, exterior building signage, and a large pylon sign facing the freeway
