Purpose-Built Medical
New
For Sale
$3,500,000
5246 W 3500 S, West Valley City, UT 84120
Fully occupied medical office with an NNN lease structure and purpose-built veterinary improvements.
Property Size2,005 SF
Lot Size0.57 Acres
Price / SF$682.39
Days on Market4
Property Features for 5246 W 3500 S
General Information
Standard status
Active
Size
2,005 SF
Total Parking Spaces
21
Lot size
0.57 Acres
Property subtype
Office
Zoning
C-1
Occupancy
100%
Additional Details
Business Included
Yes
Road Access
Yes
Building Details
Building Size
2,005 SF
Year Built
2005
Buildings
1
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Legend Commercial, LLC
(801) 930-6750
Listed By:
Skyler Peterson · License #6991009
(801) 656-7354
Source:
Liftrealty
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 13 at 2:54PM
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 Legend Commercial, LLC
Investment Insights
Based on property information with market context.
This 5,129 SF medical office property was constructed in 2005 for veterinary operations and sits on a .57-acre lot with 21 parking stalls. The building is fully occupied and subject to an NNN lease, with the tenant responsible for taxes, insurance, utilities, HVAC maintenance, and replacement. The lease includes a landlord reserve and 2.0% annual escalations.
The corporate guarantor is National Veterinary Associates, Inc., which operates more than 1,300 locations and has been owned by JAB Holding since 2020. The property is zoned C-1 and has two 5-year renewal options extending to 2040, with contractual 2.0% renewal rent and no FMV reset. The site fronts 3500 South, where reported daily traffic is 22,000 vehicles, and is surrounded by national retail users.
The corporate guarantor is National Veterinary Associates, Inc., which operates more than 1,300 locations and has been owned by JAB Holding since 2020. The property is zoned C-1 and has two 5-year renewal options extending to 2040, with contractual 2.0% renewal rent and no FMV reset. The site fronts 3500 South, where reported daily traffic is 22,000 vehicles, and is surrounded by national retail users.
Key Highlights
- 5,129 SF medical office building constructed in 2005
- .57‑acre lot with 21 parking stalls
- 100% occupied under an NNN lease
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 84120, UT
51,212
Population
14,184
Households
3.6
Avg Household Size
32
Median Age
15%
College-Educated
81%
High-School Grad
10.1 sq mi
ZIP Area
5,070
Density / Sq Mi
$90,847
Median Household Income
$36,899
Median Earnings
$1,434
Median Rent
$370,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Paul Mardis, DVM — 5246 W 3500 S, West Valley City, UT 84120
- Kris Van Zomeren, DVM — 5246 W 3500 S, West Valley City, UT 84120, United States
- Hunter Animal Hospital — 5246 W 3500 S, West Valley City, UT 84120
- Da Silva Amber DVM — 5246 W 3500 S, West Valley City, UT 84120
- Mike Van Zomeren, DVM — 5246 W 3500 S, West Valley City, UT 84120
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied medical office with an NNN lease structure and purpose-built veterinary improvements.
Where is this medical office space located?
The property is located at 5246 W 3500 S West Valley City, 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: 5,129 SF medical office building constructed in 2005; .57‑acre lot with 21 parking stalls; 100% occupied under an NNN lease
