Class-A Office Building For
For Sale
Contact for pricing
746 E Winchester St, Salt Lake City, UT
Conveniently located office building with class-A finishes and gym.
Property Size3,884 SF
Lot Size2.42 Acres
Price / SF$320
Days on Market670
Property Features for 746 E Winchester St
General Information
Standard status
Active
Size
3,884 SF
Lot size
2.42 Acres
Property subtype
OFFICE
Listing Agency:
InterNet Properties
(801) 355-0600
Listed By:
Brook Hintze · License #11315864-SA00
(801) 860-1515
Source:
Moodyscre
Added: Jan 3, 2025
Changed: Oct 25
Last Checked: Nov 3 at 8:44AM
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 InterNet Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conveniently located office building features class-A finishes. Existing furniture can remain with the unit. A golf simulator is included. Tenants have 24/7 access to an on-site gym. Two covered parking stalls may be purchased with the sale of this 3,884 square foot property. The building is located near numerous dining and shopping options.
Key Highlights
- Class‑A Finishes throughout
- Golf Simulator Included for your enjoyment
- 24/7 Access to On‑Site Gym for ultimate convenience
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,314
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,280
$1.1M
Cap Rate 7%
$804,486
$804.5K
Cap Rate 9%
$625,711
$625.7K
Market Conditions
NOI Build-Up for 3,884 SF
Gross rent
$83.4K $21.48/SF
− Vacancy
−$8.3K −$2.15/SF
EGI
$75.1K $19.33/SF
− OpEx
−$18.8K −$4.83/SF
NOI
$56.3K $14.50/SF
Area
Salt Lake City, 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%
$1,126,280
Cap Rate 7%
$804,486
Cap Rate 9%
$625,711
Alternative Uses
Best Use
Office B
$804.5K
$703.9K – $938.6K
NOI $56,314 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$915.6K – $1.22M
NOI $73,248 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Office building - Conveniently located office building with class-A finishes and gym.
Where is this office building located?
The property is located at 746 E Winchester St Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,242,880.
What are key features of this property?
This property features: Class‑A Finishes throughout; Golf Simulator Included for your enjoyment; 24/7 Access to On‑Site Gym for ultimate convenience
