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    154 Myrtle Ave Murray, UT 84107

    For Lease
    $19 SF/Yr

    Prime Medical Office Space Available in Murray, UT

    Lot size:
    33,744 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 33,744 square foot Class B medical office building, constructed in 2007, presents a fantastic leasing opportunity in Murray, Utah's Central Valley East submarket. Located at 154 E Myrtle Ave, 84107, this single-story building sits on a generous 1.73-acre lot and offers ample parking with a 5 spaces per 1,000 square feet ratio. Currently, there is 2,974 square feet of readily available space for lease, perfect for a variety of medical practices. The building features a multi-tenant configuration, providing a collaborative and thriving environment. Its convenient location in Salt Lake County ensures easy access for patients and staff. The property's 2007 construction ensures modern amenities and efficient layouts. This is an ideal opportunity for a medical practice seeking a well-maintained, spacious, and strategically located office space in a bustling area. The available space offers significant potential for growth and expansion within a thriving medical community. Don't miss this chance to secure your practice's future in this desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 154 Myrtle Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,744 SF
    Class
    B
    Total Rate
    53428

    Building Details

    Year Built
    2007
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,974 SF
    Rate per SF
    $19

    HighLights

    • Available suites ranging from 2,535 to 6,715 square feet.
    • Lease rate: $17.00 per square foot, NNN.
    • Tenant improvement allowance of $30 per square foot.
    • Parking ratio: 5 spaces per 1,000 square feet.
    • Located across from IMC Hospital.
    • Fiber optic service available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.886636
    Latitude
    40.661

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space Available in Murray, UT
    Where is this medical office located?
    The property is located at 154 Myrtle Ave Murray, UT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Available suites ranging from 2,535 to 6,715 square feet.; Lease rate: $17.00 per square foot, NNN.; Tenant improvement allowance of $30 per square foot.
    Request Owner's contact information
    154 Myrtle Ave Murray, UT 84107
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    Murray, UT 84107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 Myrtle Ave Murray, UT 84107
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