Office Condo For
8706 South 700 East Sandy, UT 84070
8706 South 700 East, Sandy, UT, 84070
$650,000
For Sale
$650,000
First-floor office condo with modern updates and easy highway access.
Property Size2,087 SF
Price / SF$311.45
Days on Market146
Property Features for 8706 South 700 East
General Information
- Standard status
- Active
- Size
- 2,087 SF
- Property subtype
- Office
Listing agency
NAI Premier
(801) 750-7991
Listed by
Jim McLachlan
(801) 750-7991
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 1:13PM Checked: Jul 10 at 1:13PM
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 NAI Premier
Investment Insights
Based on property information with market context.
This first-floor office condo offers 2,087 square feet of space suitable for an owner/user. The property features updated, modern styling and building signage. It provides convenient access to I-15 at 9000 South and is located close to various amenities. The layout includes seven private offices, a conference room, a break room, a copy room, and a large storage room.
Key Highlights
- First‑floor space with 2,087 USF
- Easy access to I‑15 at 9000 South
- Building signage available
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 | $44.8k | $21.48 |
| − Vacancy | −$4.5k | −$2.15 |
| EGI | $40.3k | $19.33 |
| − OpEx | −$10.1k | −$4.83 |
| NOI | $30.3k | $14.50 |
2,087 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$432.3K
$378.2K – $504.3K
NOI $30,259 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$27.79M
$24.32M – $32.42M
NOI $1,945,242 @ 7.0% cap · market cap 299.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - First-floor office condo with modern updates and easy highway access.
Where is this office units located?
The property is located at 8706 South 700 East Sandy, UT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: First‑floor space with 2,087 USF; Easy access to I‑15 at 9000 South; Building signage available
