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Redwood Road Portfolio

$6,850,000 USD

Portfolio For Sale • 16,463 SF

2 Properties View all

Property Details

Property Type Unknown

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Two-property Redwood Road portfolio featuring a 2.14-acre commercial lot and a fully leased 17,000-square-foot office building.
                            
                                Highly visible corner land site zoned PO with exposure to 77,000 vehicles daily and immediate access to Interstate 215 and Interstate 15.
                            
                                Long-term 10-year NNN lease with Odyssey House in place through 2030, with 3% annual rent increases providing immediate cash flow.
                            
                                Located in an affluent, fast growing Salt Lake City market close to many amenities, serving 418,000+ residents with strong population and job growth. 
                            
                                Multi-parcel investment combining parcel numbers 21-15-379-032, 21-15-379-015, and 21-15-379-016, providing ample room for expansion. 
                            
                                PO zoning offers flexible development opportunities for vacant land, and a wide range of potential tenant uses for the office building.