5444 Green StMurray, UT 84123

Property Details for 5444 Green St

Year built

1975

Lot size

2.00 AC

Property size (Sq ft)

25,852 SF

Property type

Office properties

Property subtype

Medical offices

Description

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.

Location Insight

City

Murray

County

Salt Lake

State

Utah

Latitude

40.6516

Longitude

-111.903

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