Multi-Tenant Newly Built Office Building | 10929 S Redwood Rd
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Multi-Tenant Newly Built Office Building 10929 S Redwood Rd
10,000 SF 100% Leased Office Building South Jordan, UT 84095 $4,400,000 ($440/SF) 4.80% Cap Rate
Investment Highlights
- South Jordan Multi-Tenant Office Investment or Owner User Potential
- ADA Accessible with Elevator Access
- Newly Built with 24 Hour Secure Access
- Quietly Marketed - Do Not Disturb Tenants
Executive Summary
- Quietly Marketed - Do Not Disturb Tenants
- 10,000 SF Two Story Office Building
- Owner User Potential
- Newly Built in 2020
- Site Size: 0.59 Acres
- 24 Hour Secure Access
- Solar Panels (Owned Outright)
- ADA Accessible with Elevator Access
- Signage Available
- Just Off Redwood Road
- Excellent South Jordan Location
- Nearby I-15 Access
- 10,000 SF Two Story Office Building
- Owner User Potential
- Newly Built in 2020
- Site Size: 0.59 Acres
- 24 Hour Secure Access
- Solar Panels (Owned Outright)
- ADA Accessible with Elevator Access
- Signage Available
- Just Off Redwood Road
- Excellent South Jordan Location
- Nearby I-15 Access
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
10,000 SF
Building Class
B
Year Built
2020
Price
$4,400,000
Price Per SF
$440
Cap Rate
4.80%
NOI
$211,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.39
Lot Size
0.59 AC
Zoning
C-C - Commerical
Parking
3 Spaces per 1,000 SF Leased
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Signage
- Central Heating
- Natural Light
- Reception
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 27-15-451-038-0000 | Total Assessment | $2,196,800 (2023) |
| Land Assessment | $424,100 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,772,700 (2023) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
Parcel Number
27-15-451-038-0000
Land Assessment
$424,100 (2023)
Improvements Assessment
$1,772,700 (2023)
Total Assessment
$2,196,800 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022 Payable 2023
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Multi-Tenant Newly Built Office Building | 10929 S Redwood Rd
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