696 W CONFLUENCE AVE new Save Request In-Person Tour Request Virtual Tour
Murray,UT 84123
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Confluence Place Condo Amd
MLS Listing ID 2056798
Year Built 2006
Annual Tax Amount $12,000
Lot Size 2.280 Acres
Property Description
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)
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Zoning Commercial, Industrial
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
New Construction No