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855 MCCORMICK 855 McCormick Way 18,800 SF 100% Leased Industrial Building Layton, UT 84041 $5,321,684 CAD ($283.07 CAD/SF) 6.69% Cap Rate
Executive Summary
Great investment opportunity! Currently leased by a nutraceutical and supplement manufacturer, this building supports specialized production uses with upgraded power, warehouse, ample dock and grade-level loading. Best if purchased with adjacent 851 N. McCormick Way. Built in 2000, this steel distribution warehouse and office building features over 4100 SF of office and approximately 14,700 SF of warehouse/manufacturing space. This building's layout is set up for numerous industrial uses including pharmaceutical and supplement type manufacturing, storing and primed for shipping logistics. The building is fully climate controlled with both heating and cooling systems and features industrial-grade lighting, ventilation, and exhaust systems, as well as a comprehensive fire-sprinkler set up for safety and compliance. The exterior is professionally improved with paved parking.
Property Facts
| Price | $5,321,684 CAD | Building Class | C |
| Price Per SF | $283.07 CAD | Lot Size | 1.64 AC |
| Sale Type | Investment NNN | Rentable Building Area | 18,800 SF |
| Cap Rate | 6.69% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2000 |
| Zoning | M | ||
| Price | $5,321,684 CAD |
| Price Per SF | $283.07 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.69% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 1.64 AC |
| Rentable Building Area | 18,800 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | M |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-066-0078 | Improvements Assessment | $1,093,917 CAD |
| Land Assessment | $706,895 CAD | Total Assessment | $1,800,812 CAD |
Property Taxes
Parcel Number
10-066-0078
Land Assessment
$706,895 CAD
Improvements Assessment
$1,093,917 CAD
Total Assessment
$1,800,812 CAD
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855 MCCORMICK | 855 McCormick Way
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