140 W 2100 S Expy

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140 W 2100 S Expy

Salt Lake City, UT 84115
Asking Price
$6.50M
Cap Rate
3.62%
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 1.28 acres <p> 2100 South Plaza is a 31,331 SF two-story office building on a 1.28-acre lot (55,774 SF) in the heart of SLC's 2100 South commercial corridor, on the border of South Salt Lake, Liberty Wells, and Ballpark. The property is offered at $6,500,000 (±$207/SF) with a current cap rate of 3.6%, NOI of $235,000, and 60 surface parking stalls. Zoned MU5, the asset offers immediate cash flow with substantial upside. </p>

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

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