10929 S Redwood Rd South Jordan, UT 84095
10,000 SF office building built in 2020, South Jordan.
Property Features for 10929 S Redwood Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.59 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2020
Listing office Commercial Real Estate Specialists (801) 824-1311
Listing date Oct 4, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Newly Built in 2020
- 10,000 SF Two Story Office Building
- Excellent South Jordan Location with Nearby I‑15 Access
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 | $214.8k | $21.48 |
| − Vacancy | −$21.5k | −$2.15 |
| EGI | $193.3k | $19.33 |
| − OpEx | −$48.3k | −$4.83 |
| NOI | $145.0k | $14.50 |
