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Investment Highlights

  • Excellent location off Interstate 15
  • Rare flexible zone for mixed industrial and commercial uses on 1.27 acres of land
  • Interior space has been completely updated with all new electrical, plumbing and interior improvements
  • Strong Net Cash Flow with no landlord responsibilities

Executive Summary

Property Highlights: Dental Lab
• Triple Net Investment
• Mixed use zone for industrial/office
• 2020 Interior renovation
• 2 Story, 10,875 SF
• 64 Parking Stalls situated on 1.26 acres
• Tenant has tripled its business since signing the lease.
• $217,440 NOI/8.5% capitalization rate- Owner motivated due to moving out of state
• Easy access from I-15

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

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 $99,999
Annual Per SF $9.99

Property Facts

Price $3,493,500 CAD
Price Per SF $321.24 CAD
Sale Type Investment
Cap Rate 8.50%
Sale Condition 1031 Exchange
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Light Manufacturing
  • Office Medical
  • FlexLight Distribution
Building Class B
Lot Size 1.26 AC
Rentable Building Area 10,875 SF
No. Stories 2
Year Built/Renovated 1988/2020
Tenancy Single
Parking Ratio 5.89/1,000 SF
Zoning Commercial - Multi-Use Commercial

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
27-01-302-002-0000
Land Assessment
$1,560,293 CAD
Improvements Assessment
$1,709,212 CAD
Total Assessment
$3,269,505 CAD
  • Listing ID: 32084899

  • Date on Market: 2024-06-10

  • Last Updated:

  • Address: 9075 S Riverside Dr, Sandy, UT 84070

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