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Investment Highlights

  • 5 Years remaining, 2, 5 year extension periods with annual increases
  • Great location for easy access to public rail station
  • Priced under replacement cost

Executive Summary

* Triple Net Investment
* Strong Corporate Guarantee
* Long Term Lease with multiple options to extend
* Residential Treatment Center
* Significant Investment made by tenant
* Priced under replacement cost
* Lot Size: 1.55 AC
* Built: 1995
* BACKUP Generator
* Easy access to public transportation
* Please DO NOT disturb tenants- Call Broker

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $272,122 $19.06

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $272,122
Annual Per SF $19.06

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
14,274 SF
Building Class
B
Year Built/Renovated
1995/2020
Price
$4,077,357 CAD
Price Per SF
$285.65 CAD
Cap Rate
6.67%
NOI
$272,122 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,274 SF
Building FAR
0.21
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
B/RP - Offices, business-park type development, research or light business operations, residential treatment center
Parking
80 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Odyssey House
  • Health Care and Social Assistance
  • 14,274 SF
  • $19.06 CAD
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Odyssey House Health Care and Social Assistance 14,274 SF $19.06 CAD Triple Net -
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
70/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
15-23-181-005-0000
Land Assessment
$599,238 CAD (2025)
Improvements Assessment
$2,526,965 CAD (2025)
Total Assessment
$3,126,203 CAD (2025)
  • Listing ID: 38668091

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 2411 S 1070 W, Salt Lake City, UT 84119

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