- For Sale $5,500,000
- Property Type Office - General Office
- Property Size 22,732 SF
- Units 8
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1982
- Year Renovated 2026
- Date Updated Sep 1, 2026
Description
Located just steps from the TOSH Medical Campus, this is a rare opportunity to step into a built-out medical space in one of the strongest healthcare corridors in Murray, Utah.
Existing medical buildout in place, including plumbing infrastructure that would be expensive and time-consuming to replicate
Surrounded by a dense concentration of medical users, creating built-in referral potential and consistent patient traffic
Immediate proximity to TOSH and other established healthcare providers, reinforcing long-term location stability
Ownership actively pursuing building renovations, offering tenants the benefit of upgraded improvements without the headache
Strong visibility along 5900 South with approx. 13,500 AADT
Well-lit underground parking garage providing convenient, protected parking for staff and patients
On-site storage units available for lease within the parking garage (additional cost)
Ideal for medical, dental, or specialty healthcare users looking to plug into an established ecosystem
Spaces like this don’t come up often where you’re not starting from scratch. This is a chance to move faster, spend less on buildout, and be in a location that already works.Cottonwood Medical Plaza is a 22,732-square-foot, multi-tenant medical office property positioned immediately adjacent to Intermountain Health’s TOSH campus in Murray, Utah. The offering combines in-place income from established healthcare and wellness users with a defined near-term rollover profile that can support either an owner-user strategy or active lease-up and mark-to-market execution. Most first-floor lease terms expire by summer 2027, creating the potential for approximately 7,900 square feet of contiguous occupancy, subject to existing lease and option rights. The property includes convenient surface and covered parking, medical-oriented improvements, and visibility along 5900 South, with access to I-15 and I-215. Ownership initiated exterior and common-area improvements in 2026. The investment should be evaluated using the verified lease schedule and normalized operating expenses provided in the offering memorandum; projections are presented separately from current contractual income.
Buyer to verify square footage.Situated within a medical building adjacent to the TOSH Medical Campus, this suite offers a functional, ready-to-use medical layout designed to minimize downtime and upfront costs.
Efficient medical floor plan with multiple treatment rooms/operatories already in place
Existing plumbing throughout, significantly reducing the cost and timeline for buildout
Reception and waiting area positioned for smooth patient flow
Private offices and support space suitable for providers and staff
Ideal for medical, dental, or specialty users looking to step into an operational space
Opportunity to customize finishes as ownership moves forward with planned building renovations
Flexible configuration depending on tenant needs and practice type
Highlights
- 22,732 SF multi-tenant medical office property adjacent to Intermountain Health’s TOSH campus
- 66 parking spaces, including 37 covered spaces, per owner records
- Central Murray location with visibility on 5900 South and access to I-15 and I-215
- Exterior and common-area improvement program initiated in 2026
- In-place income with a staggered medical and wellness tenant roster
- Medical-oriented suite improvements and basement storage
- Near-term first-floor rollover creates lease-up and mark-to-market opportunity
- Potential for approximately 7,900 SF of owner-user occupancy by summer 2027, subject to existing lease and option rights
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Contacts
Matt Hartman
Spark Realty
Location
Located at 201 East 5900 South, Murray, UT 84107, this property is part of the Murray neighborhood and Salt Lake City market.
Contact Listing Broker
Matt Hartman
Spark Realty