Temperature-Controlled Warehouse with
1605 West 2100 South Salt Lake City, UT 84119
1605 West 2100 South, Salt Lake City, UT, 84119
$4,900,000
For Sale
$4,900,000
Temperature-controlled warehouse with forced air heating, evaporative cooling, and multiple monument and pylon signage options.
Property Size29,160 SF
Price / SF$168.04
Days on Market11
Property Features for 1605 West 2100 South
General Information
- Standard status
- Active
- Size
- 29,160 SF
- Property subtype
- Industrial - Flex - Industrial
Building Details
- Year Built
- 1976
Listing agency
InterNet Properties
(801) 573-8500
Listed by
Christian Vasilios Priskos
Source
Commercialcafe
Added: Jul 13 Updated: Jul 21 at 11:37PM Checked: Jul 23 at 5:18AM
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
Local Financial Insights For Flex RnD
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 | $524.9k | $18.00 |
| − Vacancy | −$31.5k | −$1.08 |
| EGI | $493.4k | $16.92 |
| − OpEx | −$172.7k | −$5.92 |
| NOI | $320.7k | $11.00 |
29,160 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$4.58M
$4.01M – $5.35M
NOI $320,702 @ 7.0% cap · market cap 6.54%
Second Best
Warehouse
$3.44M
$3.01M – $4.01M
NOI $240,697 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$7.86M
$6.87M – $9.17M
NOI $549,929 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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 $4,900,000.
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
