Industrial Condo with Warehouse and
For Sale
Contact for pricing
8018 S Welby Park Dr. Suite 6, West Jordan, UT 84088
Newly constructed industrial condo with 22' clear warehouse height, office/showroom space, and radiant heating.
Property Size6,400 SF
Price / SF$234.38
Days on Market108
Property Features for 8018 S Welby Park Dr. Suite 6
General Information
Standard status
Active
Size
6,400 SF
Class
A
Property subtype
Industrial
Zoning
MP (Manufacturing Park)
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
22 ft
Drive-In Doors
1
Heavy Power
Yes
Building Details
Year Built
2021
Buildings
1
Listing Agency:
Colliers Salt Lake City Downtown
Listed By:
Ethan Wallace · License #14193498-SA00
(901) 497-0790
Source:
Crexi
Added: Jul 9
Changed: Oct 11
Last Checked: Oct 23 at 5:54AM
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 Colliers Salt Lake City Downtown
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Investment Insights
Based on property information with market context.
This newly constructed industrial condo offers 6,400 SF of total space, combining a warehouse and office components. The warehouse area includes 3,200 SF with 22' clear height and radiant heating. An automatic 12' x 14' ground level door supports loading needs.
Additional space is configured with 1,600 SF of office/showroom and another 1,600 SF for mezzanine office and open storage. The building is powered by a 225A, 240V 3-phase electrical service.
Suite 6 is presented as an industrial condo, offering a practical mix of high-clear warehouse space and dedicated office functions within one unit.
Additional space is configured with 1,600 SF of office/showroom and another 1,600 SF for mezzanine office and open storage. The building is powered by a 225A, 240V 3-phase electrical service.
Suite 6 is presented as an industrial condo, offering a practical mix of high-clear warehouse space and dedicated office functions within one unit.
Key Highlights
- Newly constructed industrial condo built in 2021
- 6,400 SF total space: 3,200 SF warehouse plus 1,600 SF office/showroom and 1,600 SF mezzanine office/open storage
- 3,200 SF warehouse has 22' clear height and radiant heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,178
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,823,560
$1.8M
Cap Rate 7%
$1,302,543
$1.3M
Cap Rate 9%
$1,013,089
$1.0M
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$140.5K $21.96/SF
− Vacancy
−$19.0K −$2.96/SF
EGI
$121.6K $19.00/SF
− OpEx
−$30.4K −$4.75/SF
NOI
$91.2K $14.25/SF
Area
West Jordan, UT
Vacancy
13.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,823,560
Cap Rate 7%
$1,302,543
Cap Rate 9%
$1,013,089
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,178 @ 7.0% cap · market cap 6.08%
Second Best
Flex RnD
$923.5K
$808.1K – $1.08M
NOI $64,646 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,122 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Current Use
Lease Details
22 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 84088, UT
37,856
Population
13,277
Households
2.9
Avg Household Size
33
Median Age
28%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
4,027
Density / Sq Mi
$100,532
Median Household Income
$46,304
Median Earnings
$1,554
Median Rent
$443,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Newly constructed industrial condo with 22' clear warehouse height, office/showroom space, and radiant heating.
Where is this flex space located?
The property is located at 8018 S Welby Park Dr. Suite 6 West Jordan, UT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Newly constructed industrial condo built in 2021; 6,400 SF total space: 3,200 SF warehouse plus 1,600 SF office/showroom and 1,600 SF mezzanine office/open storage; 3,200 SF warehouse has 22' clear height and radiant heating
