Cottonwood Medical Plaza | 201 E 5900 S
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Cottonwood Medical Plaza 201 E 5900 S
22,732 SF Office Building Murray, UT 84107 $5,150,000 ($227/SF) 5.91% Cap Rate
Investment Highlights
- 22,732 SF - Office/Medical Space
- Ample Surface & Underground Parking
- Easy Access to I-15 & I-215 for Easy Commuting
- Prime Location Adjacent to TOSH/IHC Medical Centers
- On-Site Storage
- Square Footage Availability for Owner/User Opportunity
Executive Summary
Do Not Disturb Tenants - Cottonwood Medical - An established Office/Medical building centrally located in the SLC valley. Adjacent, and surrounded by the Intermountain TOSH Campus, and Cotton Medical Towers, this property offers options to many fields. Easy access to both I-15 & I-215, and surrounded by retail & amenities, including Fashion Place Mall. Covered/uncovered parking options and on-site storage adding value to tenants. Investment and/Owner User opportunity. Currently 90% occupied with a percentage of long term, stabilized tenants in place. Additional square footage available for Owner usage if needed. Please do not disturb Tenants. All information provided as a courtesy. Buyers/Tenants to verify information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
22,732 SF
Building Class
B
Year Built
1982
Price
$5,150,000
Price Per SF
$227
Cap Rate
5.91%
NOI
$304,365
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,366 SF
Slab To Slab
11’
Building FAR
0.84
Lot Size
0.62 AC
Zoning
G-O - Link to the City of Murray G-O Zoning
https://codelibrary.amlegal.com/codes/murrayut/latest/murray_ut/0-0-0-13196
Parking
66 Spaces (2.9 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Monument Signage
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PROPERTY TAXES
| Parcel Number | 22-18-326-010-0000 | Improvements Assessment | $1,795,500 |
| Land Assessment | $631,200 | Total Assessment | $2,426,700 |
PROPERTY TAXES
Parcel Number
22-18-326-010-0000
Land Assessment
$631,200
Improvements Assessment
$1,795,500
Total Assessment
$2,426,700
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Cottonwood Medical Plaza | 201 E 5900 S
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