3665 8400Magna, UT 84044

Property Details for 3665 8400

Year built

2009

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.74 AC

Property size (Sq ft)

39,556 SF

Zone code

R-MZC

Property type

Healthcare properties

Property subtype

Medical offices

APN

14-32-201-065

APU

1432201065

Description

This exceptional medical office space, located in the Magna Medical Building in Salt Lake County, presents a fantastic leasing opportunity. The building itself is a Class B, two-story structure encompassing a total of 38,966 square feet. Currently, a single tenant occupies the majority of the building, leaving 1,833 square feet of vacant, readily available space for lease. This space is perfectly suited for a variety of medical practices seeking a well-maintained and established location. The building's single-tenant occupancy ensures a quiet and professional environment, ideal for patient care and staff productivity. The property's classification as a medical office building suggests existing infrastructure and amenities conducive to medical practices. The convenient location within Salt Lake County offers easy access for patients and staff alike. This is an excellent chance to secure a well-positioned medical office space in a stable and established building. The available space provides ample room for growth and expansion, making it an attractive option for both established and emerging medical businesses. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The 1,833 square feet of vacant space offers a unique chance to establish or expand a medical practice in a desirable location. The building's size and existing tenant suggest a strong and stable property.

• CAP approach

  CAP return

  Valuation

  6%

  $10,449,746

  6.5%

  $9,645,920

  7%

  $8,956,925

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,925,044

  Geo Method

  $7,925,044

• Alternative Use

  Use

  Valuation

  Residential

  $11,960,940

  Hospitality

  $10,956,157

  Educational

  $9,115,394

  Medical

  $9,428,886

  Retail

  $14,179,502

Location Insight

City

Magna

County

Salt Lake

State

Utah

Latitude

40.6931

Longitude

-112.091

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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