393 Monterey StSalt Lake City, UT 84104
- Industrial properties
- 12,472 SF
Property Details for 393 Monterey St
- Lot size
- 12.51 AC
- Property size (Sq ft)
- 12,472 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
Description
This exceptional 12.51-acre Salt Lake City industrial property offers a 12,472 square foot manufacturing facility, perfect for a sale/leaseback opportunity. The property includes three buildings, spanning two stories, and boasts a Class C rating. Built in 2018 (with renovations completed that year), the property features four loading docks and four dock-high doors, along with ample parking for 20 vehicles. The current tenant occupies 100% of the space under a single-tenant lease commencing August 24, 2024, and expiring October 31, 2026, leaving a remaining lease term of approximately 1.9 years. The property is zoned M1 and includes a crane shop, truck shop, and office space. Its strategic location near I-80 and the inland port provides excellent access to major transportation routes. The asking price is $20,000,000, translating to $1,603.59 per square foot. Additional features include a fueling station and a private rail spur. This is a rare opportunity to acquire a well-located, fully occupied industrial property with significant long-term potential.
Location Insight
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Latitude
- 40.7608
- Longitude
- -111.956
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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 unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].