6714 S AIRPORT RD Pending

West Jordan,UT 84084

$ 975000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Subdivision Avigation Condo

MLS Listing ID 1984928

Construction Status Blt./Standing

HOA Y/N No

Year Built 2007

Annual Tax Amount $3,967

Lot Size 435 Sqft

Acres 0.01

Lot Dimensions 0.0x0.0x0.0

Property Description

Amazing investment opportunity. 6.15% Cap Rate. This unit has a newly signed 5 Year Term Lease that ends Sept 2029. Lease is NNN and Year one NOI is $60,000 with 3% annual rate increases. Perfect investment opportunity with almost zero landlord responsibilities. Renovated pictures toward the end are of a different unit and are visual representations of what the end product will look like only once the remodeling is completed. Additional unit #6718 is also for sale as an owner/user property and can be purchased together for $1,950,000. See MLS #1984931 for more details on that unit.

Location

State UT

County Salt Lake

Area Wj; Sj; Rvrton; Herriman; Bingh

Interior

Fireplace No

Exterior

View Y/N No

Present Use Industrial,Retail,Office

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 21-19-326-005

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