For Sale
$7,450,000

5444 Green St Murray, UT 84123

Value-add medical office investment.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 25,852 square foot medical office building presents a compelling value-add investment opportunity in Murray, Utah. Located on a 2-acre lot at 5444 S Green St, 84123, this single-story, Class B building boasts high visibility from Interstate-15, with over 222,000 vehicles passing daily (2022 data), thanks to prominent electronic LED signage. The property features three distinct suites, each with a separate entrance, and is currently 44% occupied by two credit-rated tenants under an Absolute NNN lease with 8.5 years remaining. Built in 1975 and renovated in 2020, the building offers 24,896 net rentable square feet, with ample parking (4 spaces per 1,000 sq ft). The property is zoned for Commercial Development (C-D) and benefits from its central Salt Lake County location, proximate to Intermountain Medical Center. The asking price is $7,450,000 ($275.35/sq ft). Rent bumps are included. This property offers significant upside potential for an owner-user or investor seeking a strategically located medical office asset with strong long-term prospects. The property includes a fully licensed ambulatory surgery center as a co-tenant in a contiguous space.

Highlights

  • $7,450,000 asking price for this 25,852 square foot medical office building.
  • The property features three distinct suites, each with a separate entrance.
  • High-visibility electronic LED signage on I-15, exceeding 222,000 vehicles daily (2022 data).
  • Excellent location and accessibility in central Salt Lake County, near Intermountain Medical Center.
  • Contact broker for additional details.

Property Details for 5444 Green St

Property type
Office properties, Medical offices
Square Feet
25,852 SF
Class
B
Year Built/Renovated
1975/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
87,120 SF
Units
3

Location Insight

City
Murray
County
Salt Lake
State
Utah
Latitude
40.65157087
Longitude
-111.90277522

FAQs

What type of property is this?
Office property - Value-add medical office investment.
Where is the office property located?
The property is located at 5444 Green St Murray, UT.
What is the asking price?
The asking price for this property is $7,450,000.
What are key features of this property?
This property features: $7,450,000 asking price for this 25,852 square foot medical office building.; The property features three distinct suites, each with a separate entrance.; High-visibility electronic LED signage on I-15, exceeding 222,000 vehicles daily (2022 data).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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5444 Green St
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