- For Sale $1,950,000
- Property Type Office - General Office
- Property Size 9,140 SF
- Lot Size 1.06 SF
- Date Updated Jul 1, 2026
Description
The State of Utah has been a Tenant since 2005 and signed a five (5) year renewal in August of 2025. Help Hands, which occupies a small portion of the building, has just over a year left of the lease with well below market rents. With a strong long-term tenancy providing stable cash flow and below-market rents, this property offers a compelling opportunity for stability and potential for future income growth.
- Asking Price $1,950,000.00
- CAP Rate 6.78%
- NOI $132,150.00
- Total Building Size 9,140 SF
- Product Type Office Building
- Tenancy 100% Occupied - Multi-Tenant
- Suite 101 - 7,290 SF Tenant | State of Utah
- Occupied since July 2005
- Lease Exp. 7/31/2030
- Suite 102 - 1,850 SF Tenant | Helping Hands
- Occupied since October 2014
- Lease Exp. 9/30/2027
- Site Size 1.06 AC
- Year Built 2005
- Construction Type Wood Frame with Brick Veneer
- Zoning C-2, Taylorsville City
- APN # 21.17.227.012
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Contacts
James Bullington
Colliers
Location
Located at 5522 S 3200 W, Salt Lake City, UT 84129, this property is part of the Taylorsville neighborhood.
Contact Listing Broker
James Bullington
Colliers
