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Midvale Office Condo Portfolio 6 Office Condos Offered at $2,302,287 CAD in Midvale, UT
Investment Highlights
- The six units consist of commercial space and are all leased to a large salon
- This property is a great value with a 6.5% CAP
- Leases are signed through February 2028.
- Turn Key Investment Opportunity
Executive Summary
Prime investment opportunity at 623 E Ft Union Blvd, Midvale, UT 84047—a highly visible commercial property located along one of the Salt Lake Valley’s busiest corridors. This well-positioned asset is currently leased to a large, established hair salon through February 2028, providing immediate and stable cash flow for an investor. The property benefits from strong daily traffic counts, excellent street exposure, and easy access to I-215, making it attractive for long-term retail or service use while offering a compelling combination of income stability and strategic positioning in a growing market.
Property Facts
| Price | $2,302,287 CAD | Status | Active |
| Price / SF | $318.96 CAD / SF | Number of Properties | 6 |
| Cap Rate | 6.50% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,218 SF |
| Price | $2,302,287 CAD |
| Price / SF | $318.96 CAD / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 7,218 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 623 E Fort Union Blvd, 2nd Floor - Unit B-208, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
| 623 E Fort Union Blvd, 1st Floor - Unit B-103, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
| 623 E Fort Union Blvd, 1st Floor - Unit B-104, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
| 623 E Fort Union Blvd, 1st Floor - Unit B-105, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
| 623 E Fort Union Blvd, 2nd Floor - Unit B-206, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
| 623 E Fort Union Blvd, 2nd Floor - Unit B-207, Midvale, UT 84047 | Office Condo | 1,203 SF | 2007 | - |
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Midvale Office Condo Portfolio
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