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13865 S 2700 W - Bluffdale Flex Investment Condo

5,000 SF Flex Condo Unit Offered at $1,460,000 in Bluffdale, UT 84065

Investment Highlights

  • Modo Studios specializes in video production, creative design, photography, audio and visual, marketing and strategy.
  • Steady population growth has driven demand for housing and services, boosting economic expansion
  • 5 Years remaining on NNN lease

Executive Summary

PROPERTY IS FULLY LEASED FOR A PERIOD OF 5 YRS TO BEGIN AT TIME OF CLOSING, WITH OPTIONS TO RENEW ABOUT THE TENANT: • Modo Studios specializes in video production, creative design, photography, audio and visual, marketing and strategy. GREAT LOCATION MINUTES FROM THE FREEWAY ON BANGERTER HWY IN A HIGH-GROWTH AREA OF THE SALT LAKE VALLEY POPULATION INFLUX: • Steady population growth has driven demand for housing and services, boosting economic expansion. REAL ESTATE EXPANSION: • Strategic location and easy access to highways have attracted real estate development, including housing and commercial projects. TECHNOLOGY HUB: • Embrace of technology and business parks has attracted diverse industries, fostering job creation and business activity. TOURISM AND RECREATION: • Natural beauty and outdoor activities have contributed to a rise in tourism, benefiting local businesses and the economy.

Property Facts

Price $1,460,000
Unit Size 5,000 SF
No. Units 1
Total Building Size 5,000 SF
Property Type Flex (Condo)
Sale Type Investment NNN
Building Class A
Floors 2
Typical Floor Size 2,500 SF
Year Built 2020
Tenancy Single

1 Unit Available

Unit 222-223

Unit Size 5,000 SF
Price $1,460,000
Price Per SF $292.00
Condo Use Flex
Sale Type Investment
Cap Rate 5.75%
NOI $84,000

Amenities

  • Air Conditioning

zoning

Zoning Code GC-1
GC-1
  • Listing ID: 29268814

  • Date on Market: 8/14/2023

  • Last Updated:

  • Address: 13865 S 2700 W, Bluffdale, UT 84065

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