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North Salt Lake Flex Space

506 N 700 W, North Salt Lake, UT 84054

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For Sale

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13,200 SF flex space with easy freeway access.

Type:Industrial

Property size:

13,200 SF

Lot size:

1.00 Acre

Price / SF:

$208/SF

HighLights

Excellent Location: Easy access to Redwood Road, I‑215, I‑15, and Legacy Parkway.
Substantial Square Footage: Boasting 13,200 total square feet across two buildings.
Two Buildings: Building 1 (5,500 SF) and Building 2 (7,700 SF).
High Power Capacity: 400 amps (Building 1) and 200 amps (Building 2), both 480/208 V, 3‑phase.
Ground‑Level Access: Each building features two (2) 14’x14’ ground‑level motorized doors.
Equipped with fire sprinklers throughout.

We can help!

Contact an agent

Skye Galley

For Sale

Contact for pricing

13,200 SF flex space with easy freeway access.

Type:Industrial

Property size:

13,200 SF

Lot size:

1.00 Acre

Price / SF:

$208/SF

Added:: Feb 10, 2026
Days on Market:: 138
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 506 N 700 W

General Information

Standard status: Active
Size: 13,200 SF
Lot size: 1.00 Acre
Property subtype: Industrial

Building Details

Year Built: 1995

We can help!

Contact an agent

Skye Galley

Listing office Newmark Mountain West

Listing date Feb 10, 2026

Source Crexi

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

HighLights

Excellent Location: Easy access to Redwood Road, I‑215, I‑15, and Legacy Parkway.
Substantial Square Footage: Boasting 13,200 total square feet across two buildings.
Two Buildings: Building 1 (5,500 SF) and Building 2 (7,700 SF).
High Power Capacity: 400 amps (Building 1) and 200 amps (Building 2), both 480/208 V, 3‑phase.
Ground‑Level Access: Each building features two (2) 14’x14’ ground‑level motorized doors.
Equipped with fire sprinklers throughout.

Overview

This 13,200-square-foot flex space property is situated on a 1-acre lot and features fire sprinklers throughout. The property offers convenient access to Redwood Road, I-215, I-15, and Legacy Parkway. The clear height within the buildings is 18 feet. The property consists of two buildings. Building 1 comprises 5,500 square feet and includes two 14’x14’ ground-level motorized doors, a small office, and two restrooms. It is equipped with 400 amps of 480/208 V, 3-phase power. Building 2 offers 7,700 square feet of space and features two 14’x14’ ground-level motorized doors, a small office, and one restroom. It is equipped with 200 amps of 480/208 V, 3-phase power.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$289.9k	$21.96
− Vacancy	−$16.5k	−$1.25
EGI	$273.3k	$20.71
− OpEx	−$95.7k	−$7.25
NOI	$177.7k	$13.46

13,200 SF · lease $21.96/SF/yr · vacancy 5.70% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$2.54M

$2.22M – $2.96M (±1% cap)

NOI $177,677 @ 7.0% cap · market cap 6.46%

Second Best

Office B

$2.29M

$2.01M – $2.67M (±1% cap)

NOI $160,490 @ 7.0% cap · market cap 5.84%

Theoretical Best

Office A

$3.05M

$2.67M – $3.56M (±1% cap)

NOI $213,405 @ 7.0% cap · market cap 7.76%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Discover Mortgage Corporation Loan Service Gusto Builds Construction Company Surf Soccer Training Sports School R&construction Landscaping

Suggested Use

Location Insight

Map
Local Demand

City: North Salt Lake
County: Davis
State: Utah
Longitude: -111.9275971
Latitude: 40.8507774

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For sale
Flex space
UT
North Salt Lake
84054
506 N 700 W

What type of property is this?

Flex space - 13,200 SF flex space with easy freeway access.

Where is this flex space located?

The property is located at 506 N 700 W North Salt Lake, UT.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Excellent Location: Easy access to Redwood Road, I‑215, I‑15, and Legacy Parkway.; Substantial Square Footage: Boasting 13,200 total square feet across two buildings.; Two Buildings: Building 1 (5,500 SF) and Building 2 (7,700 SF).