Flex Space with Loading
1763 South 300 West, Salt Lake City, UT 84115
For Sale
Contact for pricing
Former brewery improvements include warehouse, refrigerated storage, office and showroom areas, plus dock and grade-level loading.
Property Size30,357 SF
Price / SF$247.06
Days on Market36
Property Features for 1763 South 300 West
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Warehouse Space
Mezzanine
Dock-High Doors
Drive-In Doors
Power
Voltage
Three-Phase Power
Sprinkler System
Cold Storage
Cold Storage Area
Listing Agency:
Newmark Mountain West
Listed By:
Eli Priest · License UT 8054624-SA00
(801) 746-4746
Source:
Crexi
Added: Oct 6
Changed: Nov 9
Last Checked: Nov 10 at 6:24AM
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 Newmark Mountain West
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The flex property at 1763 South 300 West includes 27,235 square feet of warehouse area, 600 square feet of refrigerated storage, office and showroom space, and an 881-square-foot mezzanine. The office area is approximately 3,122 square feet, including 2,241 square feet identified as office/showroom. The building has 17- to 19-foot clear heights and was previously used as a full-scale brewery. Electrical service is 1600A, 480/277V, 3-phase, 4-wire, with ESFR fire suppression. On-site parking includes 51 stalls, and 800 square feet of fenced outdoor storage is available.
Loading includes three ground-level doors: two measuring 12' x 12' and one measuring 12' x 18'. Two 8' x 9' dock-high doors have seals and bumpers; one has an edge-of-dock leveler and the other a hydraulic pit leveler. The property offers access to I-15 and I-80.
Loading includes three ground-level doors: two measuring 12' x 12' and one measuring 12' x 18'. Two 8' x 9' dock-high doors have seals and bumpers; one has an edge-of-dock leveler and the other a hydraulic pit leveler. The property offers access to I-15 and I-80.
Key Highlights
- 27,235 SF warehouse area and 600 SF of refrigerated storage
- 17'–19' clear height; ESFR fire suppression
- Three ground‑level doors: two 12' x 12' and one 12' x 18'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$453,582
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,071,640
$9.1M
Cap Rate 7%
$6,479,743
$6.5M
Cap Rate 9%
$5,039,800
$5.0M
Market Conditions
NOI Build-Up for 30,357 SF
Gross rent
$666.6K $21.96/SF
− Vacancy
−$18.7K −$0.61/SF
EGI
$648.0K $21.35/SF
− OpEx
−$194.4K −$6.40/SF
NOI
$453.6K $14.94/SF
Area
Salt Lake City, UT
Vacancy
2.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,071,640
Cap Rate 7%
$6,479,743
Cap Rate 9%
$5,039,800
Alternative Uses
Best Use
Retail
$6.48M
$5.67M – $7.56M
NOI $453,582 @ 7.0% cap · market cap 6.05%
Second Best
Flex RnD
$4.77M
$4.17M – $5.56M
NOI $333,866 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$8.18M
$7.16M – $9.54M
NOI $572,503 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
19 ft
Clear height
2
Dock-high doors
3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84115, UT
27,588
Population
13,899
Households
2
Avg Household Size
33
Median Age
33%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
4,523
Density / Sq Mi
$61,505
Median Household Income
$43,785
Median Earnings
$1,263
Median Rent
$396,200
Median Home Value
Market
Properties on Market for Flex space in Salt Lake City
Vacancy Rate% for Industrial in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Flex space - Former brewery improvements include warehouse, refrigerated storage, office and showroom areas, plus dock and grade-level loading.
Where is this flex space located?
The property is located at 1763 South 300 West Salt Lake City, UT.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 27,235 SF warehouse area and 600 SF of refrigerated storage; 17'–19' clear height; ESFR fire suppression; Three ground‑level doors: two 12' x 12' and one 12' x 18'
