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Commercial-Sale

696 CONFLUENCE AVE, Murray

$1,400,000.00

Bedroom bedrooms

  • MLS #: 2056798
  • Address: 696 CONFLUENCE AVE, Murray, UT 84123
  • Date Listed: 12/23/2024
  • Days on Market: 61
  • Acres: 0.02
  • Subdivision: CONFLUENCE PLACE CONDO AMD

Agent Comments Agent Comments
Investment Highlights Annual Gross Rent $82,656 Net Operating Income $62,293.39 Cap Rate 4.45% Property Taxes $10,258.73 Insurance $2,031 HOA Fees $2,479.68 Reserves (3%) $2,479.68 Proforma Cap Rate 6.57% Proforma Annual Rent ($1.25/SF NNN) $94,500 Property Highlights Total: 6,200 SF Tenant: Luxor Reptiles (Heatseeker Reptiles) LED: April 30, 2026 Renewal Option: Tenant Has One (1) Five (5) Year Renewal Option at FMV Built 2006 Annual Increases: 3% Floors: Two (2)

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Forced Air

Additional Features Additional Features
  • County: Salt Lake
  • Property Type: Industrial
  • Tax Number: 21-01-156-030
  • Stories: 0
  • Year Built: 2006