3702 State St, South Salt Lake, UT 84115-5078
This exceptional 51,590 square foot Class B medical office building, constructed in 2017, is situated on a 4.35-acre lot in the Interchange submarket of South Salt Lake, Utah. The property boasts a two-story design and offers ample parking with a ratio of 4.3 spaces per 1,000 square feet. Currently, there is 1,596 square feet of vacant space available for lease, previously used as a pharmacy. The building is configured as a single suite, making it ideal for a variety of medical practices or related businesses. Its location in Salt Lake County, at 3702 S State St, 84115, provides excellent accessibility and visibility. The property's multiple tenancy structure offers flexibility, and its modern design and ample space cater to the needs of growing medical businesses. This is a rare opportunity to secure a well-maintained, strategically located medical office space in a thriving area. The building's 2017 construction ensures modern amenities and efficient layouts. The available space presents a chance to establish or expand a medical practice in a high-demand location. Interested parties should inquire about lease terms and availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z BUS · South Salt Lake, UTSouth Salt Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.