5522 S 3200 W Salt Lake City, UT 84129
Two office suites are 100% occupied, including a Utah tenant since 2005 and a Helping Hands tenant.
Property Features for 5522 S 3200 W
General Information
- Standard status
- Active
- Size
- 9,140 SF
- Lot size
- 1.06 Acres
- Property subtype
- Office
Listing office Pleasant Grove (801) 702-4682
Listing date Jul 14, 2026
Source Colliers
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 Pleasant Grove
Investment Insights
Based on property information with market context.
The State of Utah has occupied Suite 101 since July 2005, with a lease expiration date of 7/31/2030. Helping Hands occupies Suite 102 and has been in place since October 2014, with a lease expiration date of 9/30/2027. The asset is located on a 1.06 AC site and is zoned C-2 under Taylorsville City.
Additional site information includes APN #21.17.227.012, and the offering is listed as a for-sale transaction.
Key Highlights
- Office building totaling 9,140 SF on 1.06 acres, built in 2005 (wood frame with brick veneer).
- 100% occupied with two multi‑tenant suites: Suite 101 is 7,290 SF; Suite 102 is 1,850 SF.
- State of Utah tenant in Suite 101 since July 2005, with a lease expiring 7/31/2030 and a five‑year renewal signed August 2025.
Local 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 | $196.3k | $21.48 |
| − Vacancy | −$19.6k | −$2.15 |
| EGI | $176.7k | $19.33 |
| − OpEx | −$44.2k | −$4.83 |
| NOI | $132.5k | $14.50 |
