Property profile

5444 Green St Murray, UT 84123

OFF-MARKET
Office Spaces
25,852 SF 2 ac lot Built 1975
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Property summary

AI-generated overview

This exceptional 25,852 square foot medical office building presents a compelling value-add investment opportunity in Murray, Utah. Located on a 2-acre lot at 5444 S Green St, 84123, this single-story, Class B building boasts high visibility from Interstate-15, with over 222,000 vehicles passing daily (2022 data), thanks to prominent electronic LED signage. The property features three distinct suites, each with a separate entrance, and is currently 44% occupied by two credit-rated tenants under an Absolute NNN lease with 8.5 years remaining. Built in 1975 and renovated in 2020, the building offers 24,896 net rentable square feet, with ample parking (4 spaces per 1,000 sq ft). The property is zoned for Commercial Development (C-D) and benefits from its central Salt Lake County location, proximate to Intermountain Medical Center. The asking price is $7,450,000 ($275.35/sq ft). Rent bumps are included. This property offers significant upside potential for an owner-user or investor seeking a strategically located medical office asset with strong long-term prospects. The property includes a fully licensed ambulatory surgery center as a co-tenant in a contiguous space.

Property profile

Verified
Property type Office Spaces
Year built 1975
Total area 25,852 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

5444 Green St Murray, UT 84123
Murray metro
Google Maps

Value estimations

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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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