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Spring Terrace 4885 S 900 E

70,965 SF 100% Leased Office Building Salt Lake City, UT 84117 $998,000 ($14/SF)

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Executive Summary

Sale of office condo with 5 separate suites. Currently at 100% occupancy with a 12% CAP rate on existing income.
Suite 120: 6,815 RSF
Suite 130: 1,180 RSF

Spring Terrace - 4885 S 900 E Flyer 10-23

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

70,965 SF

Building Class

Year Built

1981

Price

$998,000

Price Per SF

$14

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

18,935 SF

Slab To Slab

11’

Building FAR

0.52

Lot Size

3.13 AC

Zoning

R-M - Residential Multifamily Zoning

Parking

123 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

24 Hour Access
Courtyard
Fitness Center

Signage
Kitchen

Natural Light
Yard

Monument Signage
Air Conditioning

Space Availability

2nd Fl-Ste 203/204
1,000 SF
Office
Spec Suite
Now

1/4

4885 S 900 E, Salt Lake City, UT for sale Building Photo- Image 1 of 4 — Building Photo

4885 S 900 E, Salt Lake City, UT for sale Building Photo- Image 2 of 4 — Building Photo

4885 S 900 E, Salt Lake City, UT for sale Building Photo- Image 3 of 4 — Building Photo

4885 S 900 E, Salt Lake City, UT for sale Building Photo- Image 4 of 4 — Building Photo

Really nice office space. Recently Painted the walls, so it has a nice fresh clean look. Relatively quiet. Nicely located in desired area. (Central Valley)

Space	Size	Space Use	Condition	Available
2nd Fl-Ste 203/204	1,000 SF	Office	Spec Suite	Now

Size

1,000 SF

Space Use

Office

Condition

Spec Suite

Available

Now

1 of 4

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/4

1 of 1

map
Floor Plan

4885 S 900 E, Salt Lake City, UT - Floor Plan Image

PROPERTY TAXES

Parcel Numbers	Multiple 22-08-183-070-0000 22-08-183-071-0000 22-08-183-073-0000 22-08-183-077-0000 22-08-183-046-0000 22-08-183-048-0000 22-08-183-053-0000 22-08-183-058-0000 22-08-183-069-0000 22-08-183-079-0000 22-08-183-044-0000 22-08-183-045-0000 22-08-183-059-0000 22-08-183-063-0000 22-08-183-064-0000 22-08-183-066-0000 22-08-183-051-0000 22-08-183-042-0000 22-08-183-062-0000 22-08-183-068-0000 22-08-183-074-0000 22-08-183-050-0000 22-08-183-043-0000 22-08-183-047-0000 22-08-183-061-0000 22-08-183-052-0000 22-08-183-067-0000 22-08-183-072-0000 22-08-183-075-0000 22-08-183-078-0000 22-08-183-054-0000 22-08-183-055-0000 22-08-183-056-0000 22-08-183-057-0000 22-08-183-060-0000 22-08-183-049-0000 22-08-183-065-0000	Improvements Assessment	$4,698,600
Land Assessment	$2,013,900	Total Assessment	$6,712,500