Class A Office
For Sale
$900,000
7390 S Creek Rd, Sandy, UT 84093
Medical and office-compatible space includes basement storage and fiber optic connectivity.
Property Size4,209 SF
Price / SF$213.83
Days on Market91
Property Features for 7390 S Creek Rd
General Information
Standard status
Active
Size
4,209 SF
Class
C
Property subtype
office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
high-end finishes
fiber optic connectivity
Building Details
Year Built
2003
Buildings
1
Building Size
4,209 SF
Properties For Sale
at 7390 S Creek Rd
Available Space
Immediate
Floor
1st
Size
4,209 SF
Type
Office
Term
Negotiable
Listing Agency:
Salt Lake City
(801) 456-9510
Listed By:
Jami Marsh · License #5488712-PB00
(801) 456-9514
Source:
Property.jll
Added: Jul 16
Changed: Oct 4
Last Checked: Oct 12 at 5:08PM
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 Salt Lake City
Investment Insights
Based on property information with market context.
This office property provides 4,209 SF of total space, including 2,863 SF within the primary area and 1,346 SF of basement storage. Constructed in 2003, the building is described as Class A and includes finished interior improvements suited to both office and medical users. Fiber optic connectivity is also in place.
The property is associated with a highly visible commercial setting near dense housing and a range of amenities. Its configuration combines usable office area with dedicated lower-level storage, giving occupants additional support space without changing the primary office function. The property is offered for sale.
The property is associated with a highly visible commercial setting near dense housing and a range of amenities. Its configuration combines usable office area with dedicated lower-level storage, giving occupants additional support space without changing the primary office function. The property is offered for sale.
Key Highlights
- 4,209 SF total, including 2,863 SF of primary space and 1,346 SF of basement storage
- Built in 2003
- Class A finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,026
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,520
$1.2M
Cap Rate 7%
$871,800
$871.8K
Cap Rate 9%
$678,067
$678.1K
Market Conditions
NOI Build-Up for 4,209 SF
Gross rent
$90.4K $21.48/SF
− Vacancy
−$9.0K −$2.15/SF
EGI
$81.4K $19.33/SF
− OpEx
−$20.3K −$4.83/SF
NOI
$61.0K $14.50/SF
Area
Salt Lake County, UT
Vacancy
10.00%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,520
Cap Rate 7%
$871,800
Cap Rate 9%
$678,067
Alternative Uses
Best Use
Office B
$871.8K
$762.8K – $1.02M
NOI $61,026 @ 7.0% cap · market cap 6.78%
Second Best
Healthcare Medical
$719.5K
$629.6K – $839.5K
NOI $50,367 @ 7.0% cap · market cap 5.60%
Theoretical Best
Multifamily LT 5
$56.04M
$49.04M – $65.39M
NOI $3,923,107 @ 7.0% cap · market cap 435.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,645
Businesses Nearby
Explore this area
Business Placement
Demographics for 84093, UT
23,609
Population
8,005
Households
2.9
Avg Household Size
40
Median Age
53%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
4,293
Density / Sq Mi
$132,453
Median Household Income
$53,053
Median Earnings
$2,090
Median Rent
$643,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Medical and office-compatible space includes basement storage and fiber optic connectivity.
Where is this office units located?
The property is located at 7390 S Creek Rd Sandy, UT.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,209 SF total, including 2,863 SF of primary space and 1,346 SF of basement storage; Built in 2003; Class A finishes
