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    OFF-MARKET
    Office Spaces

    265 Cross Rd Sq, South Salt Lake, UT 84115

    5,814 SF 0.38 ac lot Built 1990
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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