Triple-Net Leased Office
For Sale
Contact for pricing
9075 S Riverside Dr, Sandy, UT 84070
Renovated in 2020 office building on 1.26 acres with 64 parking stalls and quick freeway access.
Property Size10,875 SF
Lot Size1.26 Acres
Price / SF$234.48
Days on Market535
Property Features for 9075 S Riverside Dr
General Information
Standard status
Active
Size
10,875 SF
Total Parking Spaces
64
Lot size
1.26 Acres
Property subtype
OFFICE
Zoning
Industrial & Office
Additional Details
Cap Rate
8.5%
Highway Access
Yes
Building Details
Year Renovated
2020
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Mark Haroldsen · License #UT 5791684-AB00
(801) 597-7588
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Sep 9
Last Checked: Oct 5 at 4:44PM
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 | Utah County
Investment Insights
Based on property information with market context.
This triple-net leased office building was renovated in 2020 and is being offered in the Industrial & Office zone. The property sits on 1.26 acres and includes 64 parking stalls to support on-site operations and tenant needs. The asking structure reflects an 8.5% cap rate, with financials available upon request for the credit tenant.
The building offers quick, easy freeway access, supporting straightforward commuting and deliveries. It is located less than two miles from TRAX Historic Sandy Station, providing nearby transit connectivity.
With 10,875 square feet of office space, the offering is positioned for buyers seeking an industrial-and-office zoned asset configured for continued occupancy under a triple-net lease.
The building offers quick, easy freeway access, supporting straightforward commuting and deliveries. It is located less than two miles from TRAX Historic Sandy Station, providing nearby transit connectivity.
With 10,875 square feet of office space, the offering is positioned for buyers seeking an industrial-and-office zoned asset configured for continued occupancy under a triple-net lease.
Key Highlights
- Triple net leased property with an 8.5% cap rate
- Building renovated in 2020
- Zone: Industrial & Office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,677
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,153,540
$3.2M
Cap Rate 7%
$2,252,529
$2.3M
Cap Rate 9%
$1,751,967
$1.8M
Market Conditions
NOI Build-Up for 10,875 SF
Gross rent
$233.6K $21.48/SF
− Vacancy
−$23.4K −$2.15/SF
EGI
$210.2K $19.33/SF
− OpEx
−$52.6K −$4.83/SF
NOI
$157.7K $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%
$3,153,540
Cap Rate 7%
$2,252,529
Cap Rate 9%
$1,751,967
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.63M
NOI $157,677 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$144.80M
$126.70M – $168.94M
NOI $10,136,324 @ 7.0% cap · market cap 397.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
Explore this area
Business Placement
Demographics for 84070, UT
30,885
Population
12,212
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
4,231
Density / Sq Mi
$79,414
Median Household Income
$44,013
Median Earnings
$1,578
Median Rent
$429,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated in 2020 office building on 1.26 acres with 64 parking stalls and quick freeway access.
Where is this office building located?
The property is located at 9075 S Riverside Dr Sandy, UT.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Triple net leased property with an 8.5% cap rate; Building renovated in 2020; Zone: Industrial & Office
