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42 East Exchange Place
Salt Lake City, UT 84111
Asking Price
$1.45M
Asset Type
Restaurant Office
Class
Class B
What's Special
Office | 3,670 SqFt <ul><li>Currently Built Out as Office Space but May Be Used as Bar, Restaurant or a Variety of Retail Uses</li><li>Prominent Downtown Location on the Corner of Exchange Place and Cactus Street</li><li>Convenient Garage Parking Directly Across</li><li>Nearby TRAX Stations, Restaurants/Bars & all Downtown Amenities</li><li>Fully Remodeled in 2016 with All New Electrical, Plumbing, HVAC, & Natural Gas-Powered Generator on Roof</li><li>Building Split Between 3 Levels with Floor to Ceiling Wind
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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706
