Property Description

This 2-story, 10,282 SF office building is designed to support a productive and professional workplace. With a combination of private offices, open work areas, and essential amenities, it caters to diverse business needs. Whether you’re a growing company or an established firm, this space provides the flexibility and features necessary for success. Spacious and welcoming open reception area, ideal for greeting clients and visitors. 3 well-appointed board rooms, perfect for meetings and presentations. 25 private offices offering privacy and space for focused work. Comfortable break room for employees to relax and recharge. Open bull pen areas with cubicles, fostering collaboration and teamwork. Ample natural light throughout the building, creating a bright and inviting work environment. Partially furnished, allowing for immediate occupancy with minimal setup. Well-maintained property, ensuring a professional appearance and smooth operation. Ample parking available for employees and visitors. Existing Lease Information: Base Rent: $15,423.00/Month ($18 SF/YR) All Utilities in Tenant’s Name (Including Tax & Insurance) Annual Base Rent Increases: 2.5% Current NOI: $185,600.00 CAP Rate: 5.29% Escalating to 6.6% Rooms: 30 Single Tenant Lease Term: 123 Months Lease Start Date: 12/1/2024 Lease End Date: 1/31/2035 Currently, there is a cross access easement over the church owned lot to the west for additional parking as well as overflow parking for the church on the subject property on Sundays. The subject property lot is a .58-acre lot with future development potential after the long term lease in place expires. The offering includes a 10-year lease with 2.5% annual escalations in place with a will known law firm, along with the future opportunity for the church to free up the parking overlay unlocking a higher and better future use.

Features
Heating System:
Forced Air
Cooling System:
Central Air
Exterior Features:
Paved Parking
Interior Features:
Alarm: Fire, Restroom: Private
Address Map
Country:
US
State:
UT
County:
Salt Lake
City:
Murray
Zipcode:
84107
Street:
700
Street Number:
4252
Longitude:
E21° 35' 58.6''
Latitude:
N55° 28' 38.7''
Mls Area Major:
Murray; Taylorsvl; Midvale
Street Dir Prefix:
S
Street Dir Suffix:
E
Zoning:
Commercial
Additional Information
Lot Size Dimensions:
0.0x0.0x0.0
On Market Date:
2025-03-19
Current Use:
Office
Financial
Tax Annual Amount:
989.0
Listing Information
Co List Agent Full Name:
Elliot Abel
Co List Agent Mls Id:
91465
Co List Office Mls Id:
69369
Co List Office Name:
Investment Realty Advisors LLC
List Agent Mls Id:
72723
List Office Mls Id:
69369
Mls Status:
Active
Modification Timestamp:
2026-03-04T01:08:43Z
Originating System Name:
WFRMLS

Commercial Sale For Sale

4252 S 700 E, Murray, Utah 84107

0.58 Acre
$3,500,000
Listing ID #2077662
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
2077662
Price :
$3,500,000
Year Built :
1985
Lot Area :
0.58 Acre
Status :
Active
Office Name :
Investment Realty Advisors LLC
Agent Name :
Joseph Mills
Listing Status :
Active
Property Sub Type :
Office
Roof:
PVC
Agent info
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