RARE SUGARHOUSE PROPERTY FOR SALE FOR...
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FOR MORE INFORMATION CONTACT 1174 EAST GRAYSTONE WAY (2760 SOUTH) Salt Lake City I Utah I 84106 1174 EAST GRAYSTONE WAY (2760 SOUTH) Salt Lake City I Utah I 84106 CASEY MILLS, CCIM 801.578.5556 [email protected] COLLIN PERKINS, MBA 801.578.5575 [email protected] DEREK SAWAYA 801.746.4730 [email protected] BRYCE BLANCHARD 801.578.5534 [email protected] This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein. This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein. 376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com 376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com 1174 E Graystone Way Salt Lake City, Ut 84106 Forest Dale Golf Course Nibley Park Golf Course Fairmont Park Sugarhouse Park 3 min to I-80 on-ramp 80 v 4 min to 7th East on-ramp 80 2100 South 2700 South 1300 East 700 East Highland Drive 80 900 East STREETCAR BRICKYARD PLAZA 700 East 1300 East 500 East $2,000,000 7% Cap Rate NOI $139,878 FOR Sale RARE SUGARHOUSE PROPERTY FOR SALE • 18,000 Square Foot - Approx. 12,000 SF Upper Floor - Approx. 6,000 SF Lower Floor • Over $190,000 Scheduled Rental Revenue from Diversified Mix of 2nd Floor Tenants • Freeway Access Less Than 5 Minutes Away at I-80 and 1300 East and 700 East • Close to Myriad Sugar House Retail Amenities • Google Fiber Available PROPERTY FEATURES
Transcript of RARE SUGARHOUSE PROPERTY FOR SALE FOR...
FOR MOREINFORMATION
CONTACT
1174 EAST GRAYSTONE WAY (2760 SOUTH)Salt Lake City I Utah I 84106
1174 EAST GRAYSTONE WAY (2760 SOUTH)Salt Lake City I Utah I 84106
CASEY MILLS, [email protected]
COLLIN PERKINS, [email protected]
DEREK [email protected]
BRYCE [email protected]
This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.
This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.comImagery ©2018 , DigitalGlobe, State of Utah, USDA Farm Service Agency
1174 E Graystone Way Salt Lake City, Ut 84106
Forest Dale Golf Course
Nibley ParkGolf Course
Fairmont ParkSugarhouse
Park
3 min to I-80 on-ram
p
15 80 84215
v
4 min to 7th East on-ramp15 80 84215
2100 South
2700 South
1300 East
700 East
Highland D
rive
15 80 84215
900 East
STREETCAR
BRICKYARD PLAZA
700 East
1300 East
500 East
$2,000,0007% Cap RateNOI $139,878
FOR Sale
RARE SUGARHOUSE PROPERTY FOR SALE
• 18,000 Square Foot - Approx. 12,000 SF Upper Floor - Approx. 6,000 SF Lower Floor
• Over $190,000 Scheduled Rental Revenue from Diversified Mix of 2nd Floor Tenants
• Freeway Access Less Than 5 Minutes Away at I-80 and 1300 East and 700 East
• Close to Myriad Sugar House Retail Amenities
• Google Fiber Available
PROPERTY FEATURES
This document has been prepared by Newmark Grubb ACRES for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Grubb ACRES accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.
376 East 400 South, Suite 120 l Salt Lake City, Utah 84111 l 801.578.5555 l www.ngacres.com
1174 EAST GRAYSTONE WAY (2760 SOUTH)Salt Lake City I Utah I 84106
2ND FLOOR BREAK ROOM
2ND FLOOR INTERIOR
PROFORMA
Rent Income $236,665
OpEx $(84,953)
Vacancy / Reserves (5%) $(11,833)
NET OPERATING INCOME $139,878
CAP RATE 7.00%
PURCHASE PRICE $2,000,000
PRICE PER SF $111.01
