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Commercial

5444 GREEN ST, Murray

$7,450,000.00

Bedroom bedrooms

  • MLS #: 2033647
  • Address: 5444 GREEN ST, Murray, UT 84123
  • Date Listed: 11/11/2024
  • Days on Market: 103
  • Acres: 2

Agent Comments Agent Comments
We are pleased to offer a uniquely beneficial owner-user or investment opportunity, featuring a 3 suite, 25,852-square foot, single-story suburban medical office building with two absolute net tenant leases, plus an owner-user suite, available in the heart of the Salt Lake Valley. 6.1% CAP on in-place income. 8.43% CAP pro forma. Strategically located just off Interstate-15, the property benefits from high visibility thanks to 200,000+ vehicles daily passing by the LED signage visible from the Interstate. Additionally, the property is just minutes away from the Intermountain Medical Center-a flagship 100-acre, 500+ bed, Level I trauma center that serves as a referral hub for six surrounding states and over 75 regional healthcare institutions. Superb, Central Location Immediate Interstate and Hospital Access Electronic LED pole signage visible from Interstate-15. Suite A occupied by a synergistic long-established medical family practice tenant with first three (3) years rent pre-paid of five (5) year initial term. Suite B: Prime divisible 10,920 RSF with four egress points available for owner-user at effective $58/SF shell cost. Suite C: Long-term tenant, national credit, absolute net leased ambulatory surgical center with Medicare Deemed Status Accreditation. Renovated in 2023, 2021, 2018, 2015, 2014

Additional Features Additional Features
  • County: Salt Lake
  • Property Type: Office
  • Tax Number: 21-13-127-016
  • Stories: 0
  • Year Built: 1975