265 Cross Rd Sq, South Salt Lake, UT 84115
This exceptional 5,814 square foot flex space property, located at 265 W. Crossroads Square in South Salt Lake, Utah, presents a unique owner-user investment opportunity. The single-story, Class B building, constructed in 1990 and extensively renovated in 2022, sits on a 0.38-acre lot. The space boasts a desirable blend of office and warehouse functionality, ideal for a variety of businesses. The 4,814 square feet of modern office space features high-quality furnishings, a full kitchen, a conference room, and even a theater room. The remaining 1,000 square feet comprises warehouse space, conveniently accessed via a 10' x 8' ground-level door. The warehouse features a 12-foot ceiling height. One loading dock is available for efficient shipping and receiving. The property also offers the potential for prominent crown signage. Its prime location provides easy access to major transportation arteries, including I-15, I-80, and SR-201, and is within walking distance of a TRAX station, ensuring convenient commuting for employees and clients. The property is offered at an asking price of $1,850,000 and is leased under a NNN (Net, Net, Net) agreement. This is a single-tenancy property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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