For Sale
$3,500,000

707 700Woods Cross, UT 84087

Prime Office Space, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story, Class B office building in Woods Cross, Utah presents a compelling investment opportunity. Boasting 15,000 square feet of multi-tenant executive office space, the property is situated on a one-acre lot at 707 W 700 S, 84087, offering convenient access to I-15 and just minutes from downtown Salt Lake City. Built in 2002, the building features ample parking (4.2 spaces per 1,000 sq ft) and recently renovated common areas. Individual suites range from 839 to 3,027 square feet, offering flexibility for various business needs. The property includes in-suite janitorial services and is conveniently located near the Woods Cross Frontrunner Station. The asking price is $3,500,000, with a projected cap rate of 5.57%. While the current Net Operating Income (NOI) is $0, the property's prime location, modern amenities, and strong potential for rental income make it an attractive investment prospect. The APN is 062430005. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Utah market. The building's high-quality construction and desirable features are sure to attract a strong tenant base.

Highlights

  • 839-3,027 square feet of full-service space.
  • Building improvements available.
  • Janitorial services included.
  • Conveniently located near the WX Frontrunner Station.
  • Abundant parking available.
  • Common areas recently renovated.

Property Details for 707 700

Property type
Office properties
Square Feet
15,000 SF
Class
B
Year Built
2002
Buildings
1
Stories
2
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Woods Cross
County
Davis
State
Utah
Latitude
40.8821388
Longitude
-111.8998032
707 700, Woods Cross, Utah

FAQs

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707 700
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