Freestanding Office Building For
940 N 400 E North Salt Lake, UT
940 N 400 E, North Salt Lake, UT, 00000
Contact for pricing
For Sale
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7,200 SF office building with ample parking and freeway access.
Property Size7,200 SF
Lot Size0.35 Acres
Price / SF$197.92
Days on Market326
Property Features for 940 N 400 E
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.35 Acres
- Property subtype
- OFFICE
Listing Agency
Mountain West - Corporate
(801) 578-5526
Listed by
Skye Galley
Source
Moodyscre
Added: Aug 28, 2025 Checked: Jul 19 at 4:47 am
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 Mountain West - Corporate
Investment Insights
Based on property information with market context.
This 7,200 square foot freestanding office building presents a potential owner/user opportunity. The property features ample on-site parking and immediate freeway access. It is located within 15 minutes of the SLC International Airport and is surrounded by retail amenities.
Key Highlights
- Great owner/user opportunity!
- 7,200 SF freestanding office building
- Ample onsite parking 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 | $127.0k | $17.64 |
| − Vacancy | −$10.3k | −$1.43 |
| EGI | $116.7k | $16.21 |
| − OpEx | −$29.2k | −$4.05 |
| NOI | $87.5k | $12.16 |
7,200 SF · lease $17.64/SF/yr · vacancy 8.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.09M – $1.46M
NOI $87,540 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,403 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brandwins
Marketing & Advertising
Refuge Upper Cervical ...
Alternative Medicine Practice
Salt Hill Counseling
Medical Clinic
B&P Beauty Salon ...
Hair Salon
NSL Executive Building
Business Service Center
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FAQs
What type of property is this?
Office building - 7,200 SF office building with ample parking and freeway access.
Where is this office building located?
The property is located at 940 N 400 E North Salt Lake, UT.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Great owner/user opportunity!; 7,200 SF freestanding office building; Ample onsite parking available
