Medical Office Condominium
9822 S TEMPLE DR South Jordan, UT 84095
New
9822 S TEMPLE DR, South Jordan, UT, 84095
$995,000
For Sale
$995,000
2,021 SF medical office condominium suite under construction, delivered as a completed shell for interior customization.
Property Size2,021 SF
Price / SF$492.33
Days on Market6
Property Features for 9822 S TEMPLE DR
General Information
- Standard status
- Active
- Size
- 2,021 SF
- Property subtype
- Office
Building Details
- Year Built
- 2026
Listing agency
Pendleton Real Estate LLC
(801) 918-7888
Listed by
Mike Minnick
(801) 918-7888
Source
Liftrealty
Added: Jul 17 Updated: Jul 21 at 10:06PM Checked: Jul 21 at 10:06PM
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 Pendleton Real Estate LLC
Investment Insights
Based on property information with market context.
This for-sale medical office condominium suite (Space 2) offers 2,021 SF and represents approximately 35% of the building. The space is currently under construction with anticipated completion in September 2026 and will be delivered as a completed shell, giving the buyer flexibility to customize the interior to their needs. The seller is willing to contribute up to $40 per square foot toward tenant improvements, or provide an equivalent credit at closing. Medical office use only.
The current address is 9822 S Temple Dr, South Jordan, UT 84095. The proposed property address is 1326 W Shields Ln, South Jordan, UT 84095, subject to city approval. The parcel tax ID will be updated prior to closing, and the current parcels will be combined into a single parcel upon completion.
The current address is 9822 S Temple Dr, South Jordan, UT 84095. The proposed property address is 1326 W Shields Ln, South Jordan, UT 84095, subject to city approval. The parcel tax ID will be updated prior to closing, and the current parcels will be combined into a single parcel upon completion.
Key Highlights
- Medical office condo suite totaling 2,021 SF (Space 2) in a medical office building
- Currently under construction with anticipated completion in September 2026
- Delivered as a completed shell, giving buyers room to customize the interior
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 | $43.4k | $21.48 |
| − Vacancy | −$4.3k | −$2.15 |
| EGI | $39.1k | $19.33 |
| − OpEx | −$9.8k | −$4.83 |
| NOI | $29.3k | $14.50 |
2,021 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$418.6K
$366.3K – $488.4K
NOI $29,302 @ 7.0% cap · market cap 2.94%
Second Best
Healthcare Medical
$345.5K
$302.3K – $403.1K
NOI $24,184 @ 7.0% cap · market cap 2.43%
Theoretical Best
Multifamily LT 5
$26.91M
$23.55M – $31.40M
NOI $1,883,725 @ 7.0% cap · market cap 189.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - 2,021 SF medical office condominium suite under construction, delivered as a completed shell for interior customization.
Where is this medical office space located?
The property is located at 9822 S TEMPLE DR South Jordan, UT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Medical office condo suite totaling 2,021 SF (Space 2) in a medical office building; Currently under construction with anticipated completion in September 2026; Delivered as a completed shell, giving buyers room to customize the interior
