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Investment Highlights

  • 100% Occupied with NNN Leases
  • High-Demand Small Bay Industrial Product
  • Strong In-Place Returns
  • Exceptional Location & Connectivity

Executive Summary

Rare opportunity to acquire a fully occupied, 19-unit small bay industrial complex in Salt Lake City's emerging Glendale neighborhood. This 39,082 SF property sits on 2.26 acres with a compelling 7.0% cap rate and $578,652.00 in annual NOI — offering immediate, stable cash flow.
All 19 units are leased on NNN terms across two buildings, providing investors with a low-management, income-producing asset. Unit mix ranges from 1,500 SF to 5,400 SF, catering to the high-demand small bay industrial tenant base that continues to outperform broader commercial sectors.
Strategically positioned on Redwood Road with direct access to SR 201, the property offers premium connectivity to SLC International Airport, Downtown Salt Lake City, Sugarhouse, and Park City — making it a sought-after location for owner-operators and service-based tenants alike.
Asking Price: $8,266,000 | Cap Rate: 7.0% | 100% Occupied | NNN Leases
Owners are licensed real estate agents in the state of utah.

Property Facts

Price $11,436,425 CAD
Price / SF $292.63 CAD / SF
Cap Rate 7%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 39,082 SF
Total Land Area 4.52 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building A
1899 S Redwood Rd, Salt Lake City, UT 84104
Industrial 21,082 SF 1996 -
Building B
1899 S Redwood Rd, Salt Lake City, UT 84104
Industrial 18,000 SF 1996 -
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  • Listing ID: 40679364

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: Small Bay Investment Portfolio, Salt Lake City, UT

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