2411 S 1070 W, West Valley City, UT 84119
Rehabilitation center in a Business Park zone with 2019 renovations and a backup generator.
Property Features for 2411 S 1070 W
General Information
Additional Details
Amenities
Building Details
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Investment Insights
Based on property information with market context.
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 For Healthcare Medical
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 | $359.7k | $25.20 |
| − Vacancy | −$37.8k | −$2.65 |
| EGI | $321.9k | $22.55 |
| − OpEx | −$128.8k | −$9.02 |
| NOI | $193.2k | $13.53 |
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Demographics for 84119, UT