328 W Lucy Ave, Salt Lake City
$1,699,000
MLS® # 1991140
Alma Merrill Real Broker, LLC
692 W Confluence Ave, Salt Lake City
$1,400,000
0 Bed
0 Bath
.02 Acre
0 Garage
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%
Essential Information
MLS® #1974839
Price$1,400,000
Bathrooms0.00
Acres0.02
Year Built2006
TypeCommercial Sale
Sub-TypeIndustrial
StatusActive
Community Information
Address692 W Confluence Ave
AreaMurray; Taylorsvl; Midvale
SubdivisionCONFLUENCE PLACE CON
CitySalt Lake City
CountySalt Lake
StateUT
Zip Code84123
Amenities
UtilitiesSee Remarks
Interior
InteriorSee Remarks
Interior FeaturesSee Remarks
HeatingSee Remarks
CoolingSee Remarks
Exterior
Exterior FeaturesSee Remarks
WindowsSee Remarks
RoofSee Remarks
Additional Information
Date ListedJanuary 10th, 2024
Days on Market127
ZoningSee Remarks
Listing Details
AgentSkyler Peterson
OfficeNewmark
Contact Details801-910-5091
LISTING MAP
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