Property profile

2211 Printers Row West Valley City, UT 84119

OFF-MARKET
Office Spaces
21,000 SF 1.63 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 21,000 square foot, single-tenant office building located at 2211 Printers Row, West Valley City, UT 84119. The property, built in 1974 and renovated in 2022, sits on a 1.63-acre lot and boasts a desirable M zoning designation. Currently leased to a credit-rated tenant, Convergint Technologies, LLC, under a NNN lease commencing July 1, 2022, and expiring June 30, 2029, this property offers a strong, stable income stream. The asking price is $4,200,000, representing a compelling $200 per square foot and a 6.36% cap rate with a Net Operating Income (NOI) of $267,132. The building features a thoughtful blend of office and warehouse space, ideal for the current tenant and offering flexibility for future uses. Its prime location in Salt Lake County provides excellent access to major freeways and highways, placing it within easy reach of the entire Wasatch Front and Salt Lake City International Airport. The property is well-maintained, with ample parking and convenient building circulation. This is a Core+ investment situated within a Qualified Opportunity Zone, presenting a rare opportunity for significant returns. The building is a single-story structure. The APN is 15221510130000.

Property profile

Verified
Property type Office Spaces
Year built 1974
Total area 21,000 SF
Lot 1.63 ac (71,003 SF)

Cap rate & NOI

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

Location

2211 Printers Row West Valley City, UT 84119
West Valley City 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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