Salt Lake City Office
1890 S 3850 W Salt Lake City, UT 84104
1890 S 3850 W, Salt Lake City, UT, 84104
Contact for pricing
For Sale
Contact for pricing
57,330 SF office building for sale.
Property Size57,330 SF
Price / SF$174.43
Days on Market977
Property Features for 1890 S 3850 W
General Information
- Standard status
- Active
- Size
- 57,330 SF
- Property subtype
- Office
Listing Agency
NAI Excel
(801) 619-2707
Listed by
Jim McLachlan · License #UT 7216473-SA00
Source
Crexi
Added: Nov 14, 2023 Checked: Jul 16 at 10:40 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 NAI Excel
Investment Insights
Based on property information with market context.
This is a 57,330 square foot office building located in Salt Lake City, Utah. The property is available for sale.
Key Highlights
- Office Building For Sale
- 57,330 SF
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 | $1.23M | $21.48 |
| − Vacancy | −$123.1k | −$2.15 |
| EGI | $1.11M | $19.33 |
| − OpEx | −$277.1k | −$4.83 |
| NOI | $831.2k | $14.50 |
57,330 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$11.87M
$10.39M – $13.85M
NOI $831,228 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.45M
$13.51M – $18.02M
NOI $1,081,187 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Western Spiral Pipe ...
Production Facility
Groundworks Recording
Recording Studio
Sport Endurance, Inc
Industrial Manufacturer
space paste
Coworking & Hybrid Office
Construction News, Media ...
Advertising Agency
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FAQs
What type of property is this?
Office building - 57,330 SF office building for sale.
Where is this office building located?
The property is located at 1890 S 3850 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Office Building For Sale; 57,330 SF
