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4875-4889 S Redwood Rd 10,800 SF 100% Leased Retail Building Salt Lake City, UT 84123 $3,424,050 CAD ($317.04 CAD/SF) 8% Cap Rate
Investment Highlights
- Value Add Retail
- Below Replacement Cost
- Below Market Rents
Executive Summary
Situated along a prominent commercial corridor
High visibility and high traffic counts with direct frontage along Redwood Road
Close Proximity to Salt Lake Community College and I-215
High visibility and high traffic counts with direct frontage along Redwood Road
Close Proximity to Salt Lake Community College and I-215
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
10,800 SF
Building Class
B
Year Built
1985
Price
$3,424,050 CAD
Price Per SF
$317.04 CAD
Cap Rate
8%
NOI
$273,924 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
2000
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-10-251-005-0000 | Improvements Assessment | $245,992 CAD |
| Land Assessment | $1,355,681 CAD | Total Assessment | $1,601,673 CAD |
Property Taxes
Parcel Number
21-10-251-005-0000
Land Assessment
$1,355,681 CAD
Improvements Assessment
$245,992 CAD
Total Assessment
$1,601,673 CAD
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4875-4889 S Redwood Rd
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