Property summary
This exceptional investment opportunity presents a 25,852-square-foot, single-story medical office building in Murray, Utah. Located at 5444 S Green St, this Class B property boasts a prime location just off Interstate-15, benefiting from high visibility and daily traffic exceeding 220,000 vehicles. The building, constructed in 1975 and renovated in 2021, features three distinct suites, each with separate entrances, and ample parking. Currently housing three tenants under absolute net leases with a remaining term of 7.5 years on a 10-year lease, the property offers a strong, credit-rated tenancy. The building includes a fully licensed outpatient surgery center, creating synergistic tenancy. An available suite offers an incredibly low effective price per square foot for an owner-user. The property sits on a 2-acre lot and is zoned for commercial development. With a current cap rate of 6.10% and a pro-forma cap rate of 8.43%, this investment presents a compelling opportunity in a thriving Salt Lake County location, minutes from Intermountain Medical Center, a major referral hospital. The property features electronic LED signage visible from I-15. The asking price is $7,450,000, with a price per square foot of $288.18. The net rentable square footage is 24,896 square feet. Prepaid rent is included. This is a value-add investment opportunity.
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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Value estimation
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Cap rate
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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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