Property profile

265 Cross Rd Sq South Salt Lake, UT 84115

OFF-MARKET
Office Spaces
5,814 SF 0.38 ac lot Built 1990
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 5,814 SF
Lot 0.38 ac (16,553 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

265 Cross Rd Sq South Salt Lake, UT 84115
South Salt Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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