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465 E 3300 S
Salt Lake City, UT 84115
Triplex with Ground Floor Retail · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Rare Bite Size Multi-Tenant Investment Opportunity
- Triplex with Ground Floor Retail (5 Units Total)
- Below-Market Rents with Upside Potential - Proforma Cap Rate: 7.37%
EXECUTIVE SUMMARY
TRIPLEX WITH GROUND FLOOR RETAIL
465 East 3300 South | South Salt Lake, UT 84115 | 100% Leased | Recently Renovated
Property Highlights:
• Building Size: 4,115 SF
• Lot Size: 0.14 Acres
• Year Built: 1950/ 1995
• Unit Mix:
- One (1) Studio Apt
- Two (2) 1 Bed 1 Bath Apt
- Two (2) Retail Units
• Zoning: CC (Commercial Corridor)
• Property Type: Mixed-Use Triplex
• Property Assessor ID: 16-30-408-017-0000
• Access: Convenient Access and Visibility from 3300 South
• Located in the Densely Populated South Salt Lake/Millcreek Area
Investment Highlights
• Purchase Price: $1,200,000
• Net Operating Income: $62,210.52
• Cap Rate: 5.18%
• Proforma Cap Rate: 7.37%
465 East 3300 South | South Salt Lake, UT 84115 | 100% Leased | Recently Renovated
Property Highlights:
• Building Size: 4,115 SF
• Lot Size: 0.14 Acres
• Year Built: 1950/ 1995
• Unit Mix:
- One (1) Studio Apt
- Two (2) 1 Bed 1 Bath Apt
- Two (2) Retail Units
• Zoning: CC (Commercial Corridor)
• Property Type: Mixed-Use Triplex
• Property Assessor ID: 16-30-408-017-0000
• Access: Convenient Access and Visibility from 3300 South
• Located in the Densely Populated South Salt Lake/Millcreek Area
Investment Highlights
• Purchase Price: $1,200,000
• Net Operating Income: $62,210.52
• Cap Rate: 5.18%
• Proforma Cap Rate: 7.37%
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,103 SF
Building Class
B
Year Built/Renovated
1950/1995
Price
$1,652,136 CAD
Price Per SF
$402.67 CAD
Cap Rate
5.18%
NOI
$85,581 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.14 AC
Zoning
CC - Central Commercial
PROPERTY TAXES
| Parcel Number | 16-30-408-017-0000 | Improvements Assessment | $398,765 CAD |
| Land Assessment | $400,457 CAD | Total Assessment | $799,222 CAD |
PROPERTY TAXES
Parcel Number
16-30-408-017-0000
Land Assessment
$400,457 CAD
Improvements Assessment
$398,765 CAD
Total Assessment
$799,222 CAD
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