single tenant industrial investment

SINGLE TENANT INDUSTRIAL INVESTMENT
FOR SALE
National Tenant – New 5 Year NNN Lease
1070 West 2100 South
Salt Lake City, Utah
property information
• Sale Price:
$3,420,000
• Shop:
25,920 SF
• Front Office:
2,663 SF
• Shop Office & Parts:
2,400 SF
Total SF
30,983 SF
• Land:
5 Acres ±
• Over Head Doors:
25 @ 14’ x 16’ GL doors
• Power:
1,200 A, 120/208 V, 3 Phase
• Floor Drain:
Yes
• Clearance:
18’
• (22) 60 foot bays
• Radiant heat in shop - length of each bay
• 2 truck dock wells
• Pole sign not included
• Lease expires September 30, 2017
• One 5-year option and one 2-year option
• 2.5% annual bumps in years 2014, 2015 & 2016
“DO NOT DISTURB TENANT”
PROFORMA
Gross Operating Income
$ 288,000.00
Less:
Vacancy and Reserves (5%)
$
Net Operating Income
$ 273,600.00
14,400.00
Cap Rate
marketed by:
Charlie Davis 801.303.5420
[email protected]
170 South Main Street, Suite 1600 • Salt Lake City, Utah 84101
Tel 801-322-2000 Fax 801-322-2040 • comre.com
8.0%
SINGLE TENANT INDUSTRIAL INVESTMENT
Floor Plan
DOOR
FLOOR DRAIN
ALL O. H. DOORS ARE 14’x16’
PARTS
120’
1,440 SF BAY
BREAK
ROOM
SHOP OFFICE
R.R.
LOCKERS
FRONT OFFICE
COLUMNS
R.R.
SHOW
ROOM
FLOOR DRAIN
224’
Aerials
2100 S
1070 West 2100 South
Salt Lake City, Utah
2010 Average Daily Traffic (ADT) courtesy of
Utah Department of Transportation.
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170 South Main Street, Suite 1600 • Salt Lake City, Utah 84101
Tel 801-322-2000 Fax 801-322-2040 • www.comre.com
marketed by:
Charlie Davis 801.303.5420
[email protected]
©2012, Commerce Real Estate Solutions. Disclaimer: The above information is given with the obligation that all
negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through
Commerce Real Estate Solutions. No warranty or representation, express or implied, is made as to the accuracy of
the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other
encumbrances, withdrawal without notice, and to any special listing conditions imposed by the seller. Prospective
buyers should conduct their own due diligence. Some aerial photography by DigitalGlobe or Aerials Express.
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