For Sale
$415,000

2118 3900Holladay, UT 84124

Prime Holladay Office, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two adjoining office suites totaling 2,048 square feet in the desirable Millbrook Office Park in Holladay, Utah. Located at 2118 East 3900 South, this end-unit property offers a unique blend of owner-user and investment potential. The main-level suite, currently vacant and move-in ready, boasts three large private offices, a spacious conference room, a reception area, and a bathroom. Finished with new carpeting and neutral paint, this suite is estimated to rent for approximately $1,750 per month. The lower-level suite, currently rented month-to-month at approximately $1,400 per month, features four private offices, large above-grade windows, a kitchenette, a bathroom, and an open workspace. Both suites have separate entrances, providing flexibility for independent operation or combined use. The property includes nine parking spaces—three covered and at least six uncovered—with ample additional parking available in the complex. The building is well-maintained and offers forced-air heating and central air conditioning. All exterior maintenance, including landscaping, snow removal, and common area upkeep, is covered by the CAM fee. The property is conveniently located near amenities, transit, and freeway access, and is already wired for Google Fiber and Comcast. This turnkey investment opportunity is priced at $415,000, with a 0.65% cap rate. Two tax IDs are included in the sale: 16-34-356-009 and 16-34-356-010. This is a rare chance to acquire a well-positioned, income-generating property in a highly sought-after location.

Property Details for 2118 3900

Property type
Office properties
Square Feet
2,048 SF

Location Insight

City
Holladay
County
Salt Lake
State
Utah
Latitude
40.6862926
Longitude
-111.830352
2118 3900, Holladay, Utah

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2118 3900
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