405 500Salt Lake City, UT 84103

Property Details for 405 500

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.86 AC

Property size (Sq ft)

13,000 SF

Zone code

TSAUCT

Property type

Industrial properties

Property subtype

Other warehouses

APN

08-36-176-003

APU

836176003

Description

This 12,350-square-foot industrial property, located in downtown Salt Lake City, offers a versatile space ideal for manufacturing, flex, warehouse, distribution, or R&D operations. The single-tenant building boasts 10,395 square feet currently available for lease, comprising approximately 2,610 square feet of office space and 7,785 square feet of warehouse space. The lease rate is $1.25 per square foot, NNN, with availability starting June 1, 2024. Key features include a private fenced yard, enhancing security and providing ample outdoor space. The building features two 12' x 14' grade-level doors, capable of drive-through access, and a generous 20' clear height ceiling. The property benefits from 3-phase heavy power, fire suppression systems, and a masonry construction. Recent upgrades include a new roof (2022) and new LED lighting throughout the warehouse. Built in 1977, this Class C building offers convenient access to I-15 and Legacy Highway, ensuring efficient transportation and logistics. The property is a single-story structure.

• Alternative Use

  Use

  Valuation

  Residential

  $3,930,881

  Hospitality

  $3,600,666

  Educational

  $2,995,712

  Medical

  $3,098,739

  Retail

  $4,659,996

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7798

Longitude

-111.903

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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