$16,858,528 SALE
Industrial
201,473 SF
4745 & 4750 W. WILEY POST WAY & 180 N. WRIGHT BROTHERS DR
SALT LAKE CITY, UT 84116 4745 & 4750 W. WILEY POST WAY & 180 N. WRIGHT BROTHERS DR



Year Built: 1981-1983 Number of Spaces: 18 659 Parking Spaces NRSF: 201,473 Zoning: M-1 Light Industrial Building Construction: Masonry - Class C Building condition: Average Visibility: Good PRICE: $16,858,528 Per SF: $83.68 Current Cap Rate: 5.34% Pro Forma Cap Rate: 7.43 Pro Forma IRR (Unleveraged) 9.19-10 Year Hold The subject is an existing office and industrial property containing 201,473 square feet of rentable area within four buildings known as Buildings 1, 1A, 5 and 6. Buildings 1A and 5 are primarily office buildings with Buildings 1 and 6 being industrial buildings. The improvements were constructed between 1981 and 1983 and are 87% leased as of the effective appraisal date. The site area is 14.74 acres or 651,658 square feet. Property identifying information is provided in the following table. Legal descriptions of the parcels provided by Salt Lake County are also provided. The property/area is on a high water table. (THE ABOVE INFORMATION HAS BEEN OBTAINED FROM SOURCES WE BELIEVE TO BE RELIABLE. HOWEVER, WE DO NOT TAKE RESPONSIBILITY FOR ITS CORRECTNESS.)


Property Type Industrial
Listing ID EQQES6
Style Other Style
Building Size 201,473 SF
Lot Size 14.74 AC
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