10929 Redwood Rd South Jordan, UT 84095
- Investment properties
- 9,952 SF
- 0.59 lot acres
Current Use by Public Records
- Investment properties
Property Details for 10929 Redwood Rd
- Year built
- 2019
- Lot size
- 0.59 lot acres
- Property size
- 9,952 SF
- Zone code
- C-C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 27-15-451-038
- APU
- 2715451038
Description
This exceptional Class A, multi-tenant office building in South Jordan, Utah, presents a compelling investment opportunity. Boasting 10,000 square feet across two stories in a newly constructed (2020) building on a 0.59-acre lot at 10929 S Redwood Rd, 84095, this property offers three fully occupied units with a 100% occupancy rate. The stabilized investment features a gross lease structure and commands a price of $4,400,000, translating to $440 per square foot and a 5.00% cap rate. The building is equipped with owned outright solar panels and xeriscaping, minimizing operational costs. Full ADA accessibility, including an elevator, and a shared monument sign enhance the property's appeal. Currently housing three tenants, the property is ideally suited for an owner-user seeking to potentially buy out existing tenants. Its unbeatable location in South Jordan, conveniently situated off Redwood Road, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-quality, fully leased, and exceptionally well-maintained executive office building in a thriving Utah market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Jordan
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.938
- Latitude
- 40.5528
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
