Multi-Tenant Office
411 W 7200 S Midvale, UT 84047
For Sale
Contact for pricing
Multi-tenant, full-service office building with ample on-site parking and professionally maintained interiors.
Property Size19,500 SF
Price / SF$184.62
Days on Market22
Property Features for 411 W 7200 S
General Information
- Standard status
- Active
- Size
- 19,500 SF
- Property subtype
- OFFICE
Listing Agency:
Investment Realty Advisors
(801) 231-8722
Listed By:
Evan Wrye · License #94166337-SA00
(801) 449-0288
Source:
Moodyscre
Added: Jul 6
Changed: Jul 27
Last Checked: Jul 27 at 12:13AM
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 Investment Realty Advisors
Investment Insights
Based on property information with market context.
Located at 411 W 7200 S in Midvale, this 19,500 SF multi-tenant office building offers a full-service office configuration. Interiors are professionally maintained and kept clean, supporting day-to-day operations for a range of tenant uses.
The property provides immediate access to I-15 and strong visibility from 7200 South, with ample on-site parking for employee and visitor convenience.
The offering includes a diverse tenant mix, and the seller describes value-add potential through lease-up and rent optimization. This is a straightforward option for buyers seeking an established office asset with practical operational features already in place.
The property provides immediate access to I-15 and strong visibility from 7200 South, with ample on-site parking for employee and visitor convenience.
The offering includes a diverse tenant mix, and the seller describes value-add potential through lease-up and rent optimization. This is a straightforward option for buyers seeking an established office asset with practical operational features already in place.
Key Highlights
- 19,500 SF multi‑tenant office building in Midvale with immediate access to I‑15
- Full‑service office configuration
- Strong visibility from 7200 South
Financial Insights For Office B
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 | $418.9k | $21.48 |
| − Vacancy | −$41.9k | −$2.15 |
| EGI | $377.0k | $19.33 |
| − OpEx | −$94.2k | −$4.83 |
| NOI | $282.7k | $14.50 |
19,500 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.04M
$3.53M – $4.71M
NOI $282,731 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$259.65M
$227.19M – $302.92M
NOI $18,175,478 @ 7.0% cap · market cap 504.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Multi-tenant, full-service office building with ample on-site parking and professionally maintained interiors.
Where is this office building located?
The property is located at 411 W 7200 S Midvale, UT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 19,500 SF multi‑tenant office building in Midvale with immediate access to I‑15; Full‑service office configuration; Strong visibility from 7200 South
