Rehabilitation Center with Backup
For Sale
Contact for pricing
2411 S 1070 W, West Valley City, UT 84119
Rehabilitation center in a Business Park zone with 2019 renovations and a backup generator.
Property Size14,274 SF
Lot Size0.86 Acres
Price / SF$208.42
Days on Market156
Property Features for 2411 S 1070 W
General Information
Standard status
Active
Size
14,274 SF
Lot size
0.86 Acres
Property subtype
OFFICE
Zoning
B/RP Business Park
Net Operating Income
$198,551
Additional Details
Cap Rate
6.7%
Amenities
backup generator
easy access to Trax
Building Details
Year Renovated
2019
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Mark Haroldsen · License #UT 5791684-AB00
(801) 597-7588
Source:
Moodyscre
Added: Apr 16
Changed: Sep 8
Last Checked: Sep 18 at 11:54AM
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 | Utah County
Investment Insights
Based on property information with market context.
Rehabilitation center designed as a residential treatment facility for addictions, offering purpose-built space totaling 14,274 SF. The building underwent renovations in 2019 and includes a backup generator for continued operations.
Set on a 0.86 AC lot and zoned B/RP Business Park, the property is described as having easy access to Trax. The offering also references annual increases and two extension periods (2-year and 5-year) with annual increases.
Financial details provided include a 6.7% cap rate. The property is presented as recession resistant and under replacement cost in the remarks.
Set on a 0.86 AC lot and zoned B/RP Business Park, the property is described as having easy access to Trax. The offering also references annual increases and two extension periods (2-year and 5-year) with annual increases.
Financial details provided include a 6.7% cap rate. The property is presented as recession resistant and under replacement cost in the remarks.
Key Highlights
- Residential treatment facility for addictions
- 0.86 AC lot size
- Renovations completed in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$193,161
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,863,220
$3.9M
Cap Rate 7%
$2,759,443
$2.8M
Cap Rate 9%
$2,146,233
$2.1M
Market Conditions
NOI Build-Up for 14,274 SF
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.
Gross rent
$359.7K $25.20/SF
− Vacancy
−$37.8K −$2.65/SF
EGI
$321.9K $22.55/SF
− OpEx
−$128.8K −$9.02/SF
NOI
$193.2K $13.53/SF
Area
West Valley City, UT
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,863,220
Cap Rate 7%
$2,759,443
Cap Rate 9%
$2,146,233
Alternative Uses
Best Use
Healthcare Medical
$2.76M
$2.41M – $3.22M
NOI $193,161 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,051 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - Rehabilitation center in a Business Park zone with 2019 renovations and a backup generator.
Where is this rehabilitation center located?
The property is located at 2411 S 1070 W West Valley City, UT.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Residential treatment facility for addictions; 0.86 AC lot size; Renovations completed in 2019
