Industrial Property - For Sale
606 8th Avenue Midvale, UT 84047
Details & Description
Price: $4,250,000
  • Property Type Industrial : Warehouse
  • Lot Size Acres 3.880
  • Building Sq Ft 37,656
  • Building Price per Sq Ft $112.86
  • Land Sq Ft 169,012
  • Land Price per Sq Ft $25.15
  • NOI $156,000
  • CAP Rate % 3.67
Rare Industrial Purchase Opportunity- Quietly Marketed - Do Not Disturb Tenant -- (2) Buildings Totaling 37,656 SF      606 West: 9,706 SF      657 West: 27,950 SF- Site Size Totaling 3.88 Acres      606 West: 1.53 Acres      657 West: 2.35 Acres- Fenced Yard- (5) 14' X 20' GL Doors- Clearance Height: 20'- I-15 Visibility- Easy Access to I-15 and I-215- Tenant: ABC Supply Co. Inc., www.abcsupply.com- The Biggest & Best Distributing Company of Select Exterior and Interior Building Products- 800 Different Locations Nationwide- Lease Expiration Date: January 1, 2030- Cap Rate: 3.67%- Lease Terms: NNN- Net Operating Income: $156,000.00- Purchase Price: $4,250,000.00606 & 657 West 8th Avenue, Midvale, Utah 84047For more information on this property, please contact Crystal Johnson and West Haradin at 801.617.1700 or by email at crystal.johnson@crcnationwide.com and west.haradin@crcnationwide.com. Crystal and West are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.
Additional Photos
Listing Agents
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

606 8th Avenue

Midvale, UT 84047

Listing ID: 205255
$4,250,000
For Sale
  • Property Type Industrial : Warehouse
  • Lot Size Acres 3.880
  • Building Sq Ft 37,656
  • Building Price per Sq Ft $112.86
  • Land Sq Ft 169,012
  • Land Price per Sq Ft $25.15
  • NOI $156,000
  • CAP Rate % 3.67
  • 606 8th Avenue Midvale, UT 84047 - main image
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606 8th Avenue - main image
606 8th Avenue - alt image 2
606 8th Avenue - alt image 3
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Property Highlights
• NNN Leased Industrial Investment
• Quietly Marketed - Do Not Disturb Tenant
Description

Rare Industrial Purchase Opportunity

- Quietly Marketed - Do Not Disturb Tenant -

- (2) Buildings Totaling 37,656 SF

      606 West: 9,706 SF

      657 West: 27,950 SF

- Site Size Totaling 3.88 Acres

      606 West: 1.53 Acres

      657 West: 2.35 Acres

- Fenced Yard

- (5) 14' X 20' GL Doors

- Clearance Height: 20'

- I-15 Visibility

- Easy Access to I-15 and I-215

- Tenant: ABC Supply Co. Inc., www.abcsupply.com

- The Biggest & Best Distributing Company of Select Exterior and Interior Building Products

- 800 Different Locations Nationwide

- Lease Expiration Date: January 1, 2030

- Cap Rate: 3.67%

- Lease Terms: NNN

- Net Operating Income: $156,000.00

- Purchase Price: $4,250,000.00

606 & 657 West 8th Avenue, Midvale, Utah 84047

For more information on this property, please contact Crystal Johnson and West Haradin at 801.617.1700 or by email at crystal.johnson@crcnationwide.com and west.haradin@crcnationwide.com. Crystal and West are licensed real estate agents in the state of Utah and are affiliated with cRc Nationwide Real Estate Brokerage.

Attachments & Files

Listing Demographics for 606 8th Avenue Midvale, UT 84047

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population13,452128,777354,672
Population Median Age323536
Population by Age0-9 Yrs2191 (16%)18542 (14%)49764 (14%)
10-19 Yrs1221 (9%)16442 (12%)46129 (13%)
20-29 Yrs3208 (23%)21419 (16%)55807 (15%)
30-39 Yrs2759 (20%)21545 (16%)55119 (15%)
40-49 Yrs1411 (10%)15156 (11%)42494 (11%)
50-59 Yrs1203 (8%)13422 (10%)38518 (10%)
60-69 Yrs737 (5%)12699 (9%)35917 (10%)
70+ Yrs721 (5%)9551 (7%)30923 (8%)
Median HH Income$60,847$68,730$70,606
Total Household Income< 24K950 (17%)5945 (12%)15952 (12%)
25-49K1179 (21%)9229 (20%)25041 (20%)
50-74K1425 (26%)10287 (22%)25891 (20%)
75-99K726 (13%)6974 (15%)19212 (15%)
100-199K983 (17%)11844 (25%)32761 (26%)
200K+202 (3%)1715 (3%)6311 (5%)
Highest Education LevelNo Diploma878730018528
Diploma or GED22862107556446
Some College20092243460646
Assoc. Degree830844122708
Bachelors Degree20921798952423
Higher Degree995787824142
Total Housing Units5,84948,921132,138
--Owner-Occupied1,89728,99581,803
--Renter-Occupied3,56816,99743,365
Owner-Occupied Values< 100K16712083895
100-199K407506813039
200-299K6781105428259
300-399K478757120270
400-499K13825898733
500K+2915057607
Total Working Age Population10,55999,714276,072
In Work Force8,11472,693195,686
Not In Work Force2,44527,02180,387
Workforce Employed7,76569,724188,005
Workforce Unemployed3492,9317,465
Civlian Workforce8,11472,655195,470
Military Workforce038215
Total Households5,46445,992125,168
Family Households3,00430,89285,684
Non-Family Households2,46015,10039,485
Married Couple2,16923,65365,789
Other Family8367,23819,895
Married w/Child97610,11127,871
Single Male w/Child1439392,447
Single Female w/Child3722,6446,701

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Utah2,233,169+242,763,885+203,325,425+173,889,310
Salt Lake County898,387+151,029,655+151,181,471+111,306,414
Utah County368,536+40516,564+31679,188+27861,852

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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