Professional Office
375 North Main Street Ste 202, Kaysville, UT 84010
For Sale
Contact for pricing
Contemporary office condominium with medical and professional office co-tenancy in Kaysville.
Property Size2,520 SF
Price / SF$367.06
Days on Market103
Property Features for 375 North Main Street Ste 202
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Investment Type
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
Newmark Mountain West
Listed By:
Braxton Willie · License #UT 8615580-SA00
(385) 429-5501
Source:
Crexi
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 8 at 7:10AM
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
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Investment Insights
Based on property information with market context.
This 2,520-square-foot office condominium at 375 North Main Street, Suite 202, provides a professional setting for office use. Constructed in 2018, the property is part of a medical and office co-tenancy, offering a shared professional environment within the center.
The suite is located in Kaysville, Utah, and includes access to approximately 95 total parking stalls. The property is offered for sale and may accommodate either an owner-user or an investment-oriented acquisition.
The suite is located in Kaysville, Utah, and includes access to approximately 95 total parking stalls. The property is offered for sale and may accommodate either an owner-user or an investment-oriented acquisition.
Key Highlights
- 2,520‑square‑foot office condominium
- Built in 2018
- Medical and professional office co‑tenancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,311
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,220
$626.2K
Cap Rate 7%
$447,300
$447.3K
Cap Rate 9%
$347,900
$347.9K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$55.3K $21.96/SF
− Vacancy
−$3.2K −$1.25/SF
EGI
$52.2K $20.71/SF
− OpEx
−$20.9K −$8.28/SF
NOI
$31.3K $12.42/SF
Area
Davis County, UT
Vacancy
5.70%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,220
Cap Rate 7%
$447,300
Cap Rate 9%
$347,900
Alternative Uses
Best Use
Healthcare Medical
$447.3K
$391.4K – $521.9K
NOI $31,311 @ 7.0% cap · market cap 3.38%
Second Best
Office B
$437.7K
$383.0K – $510.7K
NOI $30,639 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$582.0K
$509.3K – $679.0K
NOI $40,741 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
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Business Placement
Demographics for 84010, UT
48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Contemporary office condominium with medical and professional office co-tenancy in Kaysville.
Where is this office unit located?
The property is located at 375 North Main Street Ste 202 Kaysville, UT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2,520‑square‑foot office condominium; Built in 2018; Medical and professional office co‑tenancy
