Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician Medical Clinic
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Physician Medical Clinic
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Physician Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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