About 445 N 700 W #104
Prime Commercial Investment Opportunity | Single-Tenant Property Overview: An exceptional turn-key investment opportunity featuring a spacious ~5,158 SF commercial property spread over two floors. Currently functioning as an established dance studio, this property offers stable income, a high-quality tenant commitment, and minimal management overhead. Key Investment Highlights Strong Financials: Offered at an approximate 5.5% CAP Rate. Long-Term Stability: Occupied by a proven, long-term tenant who has recently signed a new 5-year lease renewal. Tenant Commitment: The tenant is actively investing in additional space improvements, demonstrating strong long-term operational commitment to the location. Low-Maintenance Ownership: Minimal landlord responsibilities, making this an ideal hands-off asset for both seasoned and entry-level investors. Functional Layout: ~5,158 SF optimized across two flexible floors, tailored for dance/fitness/studio operations with great long-term adaptability.
Amenities
| Utilities |
120/240 V 1 Phase
|
| Is Waterfront |
No
|
Interior
| Interior |
Laminate, Tile, Bamboo
|
| Interior Features |
Kitchen, Refrigerator, Restroom: Public
|
| Cooling |
Central Air
|
| Has Basement |
No
|
Exterior
| Exterior Features |
Paved Parking, Storage
|
| Windows |
Part
|
| Roof |
Rubber
|
Listing Details
| Agent | Alan W Arbuckle |
| Office | Berkshire Hathaway HomeServices Utah Properties (North Salt Lake) |
| Contact Info | 801-383-1000 |