for sale > office/retail investment plaza 35 investment · [email protected] brandon...

4
Property Information Sales Price: $ 4,750,000.00 Building Size: 30,164 SF > Year Built: 2000 > Lot Size: 3.26 Acres > NOI: $ 318,444.93 > CAP Rate: 6.7% > Existing tenants: Hopeful Beginnings - 11,118 SF Utah Department of Corrections - 15,192 SF Farmers Insurance - 2,482 SF ABC Chinese - 1,372 SF > Parking ratio: 7/1000 SF > Located in the heart of West Valley’s redevelopment project which has transformed the area from a sub- urban community to a more business-centered, multi- cultural city with recreational amenities. > Plaza 35 is located in a prime location with high traffic counts and fast access to I-215. FOR SALE > OFFICE/RETAIL INVESTMENT Plaza 35 Investment 3280 WEST 3500 SOUTH WEST VALLEY, UTAH +1 801 836 2400 [email protected] James Bullington +1 801 830 2004 [email protected] Josh Martin +1 801 836 3600 [email protected] Dan Donaldson +1 801 830 9232 [email protected] Brandon Huntsman Lead Broker Colliers International 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062

Upload: others

Post on 26-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: FOR SALE > OFFICE/RETAIL INVESTMENT Plaza 35 Investment · brandon.huntsman@colliers.com Brandon Huntsman +1 801 836 3600 dan.donaldson@colliers.com Dan Donaldson +1 801 830 2004

Property Information

Sales Price: $ 4,750,000.00 Building Size: 30,164 SF

> Year Built: 2000

> Lot Size: 3.26 Acres

> NOI: $ 318,444.93

> CAP Rate: 6.7%

> Existing tenants: Hopeful Beginnings - 11,118 SF Utah Department of Corrections - 15,192 SF Farmers Insurance - 2,482 SF ABC Chinese - 1,372 SF

> Parking ratio: 7/1000 SF

> Located in the heart of West Valley’s redevelopment project which has transformed the area from a sub-urban community to a more business-centered, multi-cultural city with recreational amenities.

> Plaza 35 is located in a prime location with high traffic counts and fast access to I-215.

FOR SALE > OFFICE/RETAIL INVESTMENT

Plaza 35 Investment3280 WEST 3500 SOUTH WEST VALLEY, UTAH

+1 801 836 [email protected]

James Bullington+1 801 830 [email protected]

Josh Martin+1 801 836 [email protected]

Dan Donaldson+1 801 830 [email protected]

Brandon HuntsmanLead Broker

Colliers International 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062

Page 2: FOR SALE > OFFICE/RETAIL INVESTMENT Plaza 35 Investment · brandon.huntsman@colliers.com Brandon Huntsman +1 801 836 3600 dan.donaldson@colliers.com Dan Donaldson +1 801 830 2004

FOR SALE > OFFICE/RETAIL

Plaza 35 Investment3280 WEST 3500 SOUTH WEST VALLEY, UTAH

Page 3: FOR SALE > OFFICE/RETAIL INVESTMENT Plaza 35 Investment · brandon.huntsman@colliers.com Brandon Huntsman +1 801 836 3600 dan.donaldson@colliers.com Dan Donaldson +1 801 830 2004

FOR SALE > OFFICE/RETAIL

Plaza 35 Investment3280 WEST 3500 SOUTH WEST VALLEY, UTAH

11,118 SF11,118 SF 15,192 SF15,192 SF

2,482 SF2,482 SF 1,372 SF1,372 SF

3500 South

3.26 ACRES 3200 West

1 Mile 3 Miles 5 MilesPopulation

2019 Estimate 22,190 132,703 313,983

2024 Projected 23,577 140,755 333,616

Households

2019 Estimate 6,914 42,085 100,934

2024 Projected 7,377 44,940 107,916

Income

2019 Median Household Income $57,833 $64,138 $65,169

2019 Average Household Income $64,825 $75,507 $76,960

2019 Per Capita $20,206 $24,258 $24,894

Page 4: FOR SALE > OFFICE/RETAIL INVESTMENT Plaza 35 Investment · brandon.huntsman@colliers.com Brandon Huntsman +1 801 836 3600 dan.donaldson@colliers.com Dan Donaldson +1 801 830 2004

FOR SALE > OFFICE/RETAIL

Plaza 35 Investment3280 WEST 3500 SOUTH WEST VALLEY, UTAH

+1 801 830 [email protected]

Brandon Huntsman+1 801 836 [email protected]

Dan Donaldson+1 801 830 [email protected]

Josh Martin+1 801 836 [email protected]

James Bullington

Lead Broker

This document has been prepared by Colliers International for advertising and general information only. Colliers Interna-tional makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2017. All rights reserved.

Colliers International2100 Pleasant Grove Blvd. | Suite 200

Pleasant Grove, UT 84062P: +1 801 610 1300