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334 N Marshall Way - Single Tenant Flex Investment

6,400 SF Industrial Condo Unit Offered at $1,600,000 in Layton, UT 84041

Investment Highlights

  • Multiple easy routes to I-15

Executive Summary

6,400 SF industrial condo for sale in Layton, UT. 100% occupied.

Property Facts

Price $1,600,000
Unit Size 6,400 SF
No. Units 1
Total Building Size 6,400 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • FlexLight Distribution
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 3,200 SF
Year Built 2005
Lot Size 3.91 AC
Parking Ratio 20.31/1,000 SF

1 Unit Available

Unit F

Unit Size 6,400 SF
Price $1,600,000
Price Per SF $250.00
Condo Use Industrial
Sale Type Investment
Cap Rate 6.00%
NOI $96,000
Description

6,400 SF single tenant investment for sale. Space consists of 3,200 SF warehouse area and 3,200 SF office area on two floors. One 9' x 9' dock high door and one 10' x 14' ground level door. 22' clear height. Fire sprinkled.

Sale Notes

Strong local credit tenant. 3-year lease. 4% annual escalations. Well-functioning and funded owner's association allows for passive investment.

Amenities

  • 24 Hour Access
  • Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

zoning

Zoning Code M-2 (M-2 Zoning)
M-2 (M-2 Zoning)
  • Listing ID: 33975793

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: 334 N Marshall Way, Layton, UT 84041

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