Search
NNN Industrial Property
For Sale
Contact for pricing

728 S REDWOOD RD, Salt Lake City, UT 84104

Fully leased property with an NNN structure, established industrial improvements, and continued lease term.

Property Size19,000 SF
Price / SF$258.01
Days on Market62

Property Features for 728 S REDWOOD RD

General Information

Standard status Active
Size 19,000 SF
Property subtype Industrial
Zoning T & MU-5/6
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $311,028

Additional Details

Cap Rate 6.34%

Building Details

Year Built 1996
Year Renovated 2024
Buildings 2
Stories 1
Units 2
Tenancy Multi
Listing Agency: CBRE - Salt Lake City
Listed By: Cole Macadaeg · License #UT 11235856-SA00
Source: Crexi
Added: Jun 30 Changed: Aug 29 Last Checked: Aug 29 at 1:28PM

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 CBRE - Salt Lake City

Investment Insights

Based on property information with market context.

Located at 728 S Redwood Rd in Salt Lake City, this 19,000-square-foot NNN property was constructed in 1996 and is fully leased. The asset carries a 6.34% cap rate and 3.1 years of WALT, providing defined lease-duration information for evaluation.

The property is zoned T & MU-5/6 and is identified as an industrial asset within the listing classification. Its NNN lease structure places the property within a specialized net-lease format, while the existing building size and construction year provide a clear basis for physical and operational review.

Key Highlights

  • 19,000 SF property built in 1996
  • 100% leased with NNN lease structure
  • 6.34% cap rate

Property Analytics

Current Use

NNN properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Hair Salon Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 84104, UT

23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value

Market

Vacancy Rate% for Industrial in Salt Lake City, UT

3.2% 2019
4.5% 2020
1.9% 2021
2.6% 2022
4.9% 2023
5.4% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Fully leased property with an NNN structure, established industrial improvements, and continued lease term.
Where is this nnn property located?
The property is located at 728 S REDWOOD RD Salt Lake City, UT.
What is the asking price?
The asking price for this property is $4,902,200.
What are key features of this property?
This property features: 19,000 SF property built in 1996; 100% leased with NNN lease structure; 6.34% cap rate
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message