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    Two-Story Office Building in Murray Title is generated by Realmo AI

    4252 S 700 E, Murray, UT 84107

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    Claim this Listing
    For Sale
    $3,500,000

    COMMERCIAL - Murray, UT

    Type:Office
    Lot size:
    0.58 Acres
    Added:
    Mar 19, 2025
    Days on Market:
    423
    Last Refresh:
    May 15 at 7:06 am

    Property Features for 4252 S 700 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    Commercial
    Interior features
    Alarm: Fire, Restroom: Private
    Exterior features
    Paved Parking
    Standard status
    Active
    APN
    22-05-105-010
    Lot size
    0.58 Acres

    Taxes and HOA fees

    Tax Annual Amount
    989

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985

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    Listing Contact
    Joseph Mills

    Listing agent Joseph Mills

    Listing office Investment Realty Advisors LLC 411 W 7200 S Ste 201, Salt Lake City, UT

    Listing date Mar 19, 2025

    MLS# 2077662

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Existing 10‑year lease with a well‑known law firm provides immediate and stable income
    • High Current Net Operating Income (NOI) of $185,600.00 and a CAP Rate of 5.29%, escalating to 6.6%
    • Future development potential on the .58‑acre lot after the lease expires
    • Ample parking available for employees and visitors, with a cross access easement for additional parking
    • Well‑maintained 10,282 SF office building features 25 private offices, open work areas, and 3 board rooms
    • Partially furnished, allowing for immediate occupancy with minimal setup

    Overview

    This two-story, 10,282 square foot office building is designed to support a productive and professional workplace. It features a combination of private offices, open work areas, and essential amenities, catering to diverse business needs. The space provides the flexibility and features necessary for success, suitable for both growing companies and established firms. The building includes a spacious and welcoming open reception area, ideal for greeting clients and visitors, along with three well-appointed board rooms, perfect for meetings and presentations. There are 25 private offices offering privacy and space for focused work, as well as a comfortable break room for employees to relax and recharge. Open bull pen areas with cubicles foster collaboration and teamwork. Ample natural light fills the building, creating a bright and inviting work environment. The property is partially furnished, allowing for immediate occupancy with minimal setup. It is also well-maintained, ensuring a professional appearance and smooth operation. Ample parking is available for employees and visitors. The property is situated on a 0.58-acre lot with future development potential after the long-term lease expires. Currently, there is a cross-access easement over the church-owned lot to the west for additional parking, as well as overflow parking for the church on the subject property on Sundays. The offering includes a 10-year lease with 2.5% annual escalations in place with a well-known law firm, along with the future opportunity for the church to free up the parking overlay, unlocking a higher and better future use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.884
    Latitude
    40.6583

    FAQs

    What type of property is this?
    Office building - Two-story office building with long-term lease and future development potential.
    Where is this office building located?
    The property is located at 4252 S 700 E Murray, UT.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Existing 10‑year lease with a well‑known law firm provides immediate and stable income; High Current Net Operating Income (NOI) of $185,600.00 and a CAP Rate of 5.29%, escalating to 6.6%; Future development potential on the .58‑acre lot after the lease expires
    More about this property
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