1174 E GRAYSTONE Way, Salt Lake City, UT 84106
sale
$3,500,000
|
Office
Courtesy Of Investment Realty Advisors, LLC
Graystone Professional Plaza is a professional office building located in the heart of Sugar House, just off I-80 and 1300 East, offering excellent accessibility in a highly desirable submarket. The property totals approximately 19,099 square feet and is comprised of 33 office suites leased to a mix of professional, medical, and service-oriented tenants on a full-service basis. The building maintained approximately 90% average occupancy in 2025 and is offered at a 5.6% in-place cap rate, with upside potential supporting a projected pro forma cap rate of 6.2%. Zoned RMF-35, the property presents an attractive opportunity for investors or owner-users seeking stable income in a premier location. Measurements are given as a courtesy only. Buyer advised to obtain independent measurement. Owner/Agent.
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Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Cooling System: Central Air
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Hardwood
- Heating System: Forced Air
- MLSID: 2136948
- Roof Type: Asphalt
- Rooms: Basement
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