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692 W Confluence Ave

Salt Lake City, UT 84123
  • $1,400,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: 1974839
UPDATED: 85 min ago
$1,400,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Description

Property Highlights: Investment Sale Total: 6,200 SF - Purchase Price: $1.4M - Lease Rate: Contact listing agent(s) Floors: two (2) Built 2006 Tenant: Luxor Reptiles (Heatseeker Reptiles) LED: April 30, 2026 Renewal option: tenant has one (1) five (5) year renewal option at FMV Annual increases: 3% annual increases Investment Highlights: - Gross Revenue $89,342 - HOA Fees $12,657 - Property Taxes $9,243.38 - Insurance $2,031 - Reserve $2,432.59 - Net Operating Income $62,978 - Cap Rate 4.49%

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-22T09:41:34.31. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.viewhomesutah.com/homes/146547742
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692 W Confluence Ave Salt Lake City, UT 84123

  • Price: $1,400,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 85 min ago
  • ID#: 1974839
0
Beds
0
Baths
0
½ Baths
0.02
Acres
2006
Built
Neighborhood:
Confluence Place Con
County:
Salt Lake
Area:
Murray; Taylorsvl; Midvale
Property Description
Property Highlights: Investment Sale Total: 6,200 SF - Purchase Price: $1.4M - Lease Rate: Contact listing agent(s) Floors: two (2) Built 2006 Tenant: Luxor Reptiles (Heatseeker Reptiles) LED: April 30, 2026 Renewal option: tenant has one (1) five (5) year renewal option at FMV Annual increases: 3% annual increases Investment Highlights: - Gross Revenue $89,342 - HOA Fees $12,657 - Property Taxes $9,243.38 - Insurance $2,031 - Reserve $2,432.59 - Net Operating Income $62,978 - Cap Rate 4.49%
Exterior Features

Attached Garage YN No Carport YN No Construction Status Blt./Standing Covered Spaces 0 Exterior Features See Remarks Frontage Length 0.0 Garage YN No Horse Property YN Yes Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Roof See Remarks Spa YN No View YN No Waterfront YN No

Interior Features

Accessibility Features See Remarks Bathrooms Partial 0 Cooling See Remarks Cooling YN Yes Fireplace YN No Flooring See Remarks Heating See Remarks Heating YN True Interior Features See Remarks Rooms Total 0 Window Features See Remarks

Property Features

Association YN No Cross Street 4300 Current Use Industrial Exclusions See Remarks Inclusions See Remarks Lease Amount 1.25 Lease Considered YN No Listing Terms See Remarks New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Industrial Senior Community YN No Tax Annual Amount 9243 Utilities See Remarks Zoning See Remarks Zoning Description M-G

Listing provided courtesy of Newmark: 801-910-5091. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-22T09:41:34.31. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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Gurr Real Estate
4548 S Atherton Dr., Suite 220
Salt Lake City UT, 84123