Office Space
9672 South 700 East Sandy, UT 84070
Details & Description
Price: $700,000
    SVN Alta Commercial is proud to present this four-unit office condominium investment in Sandy. With three of the four condos leased, and one currently vacant, this product is ideal for an investor looking for a stable asset, or a small owner user looking to occupy just over 1,000 square feet and collect passive income on the other 3 leased suites. The market for professional office space in Sandy is healthy. Stable rents (market $18.95 PSF) and vacancy rates (12.9%) indicate that office suites in Sandy will remain a stable investment for the foreseeable future. The office suites in this property are in excellent condition with standard tenant improvements. Sandy is located in the heart of Salt Lake County and is a highly populated suburb of Salt Lake City, where demographics favor business ownership and local patronage. And, due to its proximity to Lehi (also known as the Silicon Slopes), Sandy is one of the fastest growing cities in UT. This property will remain an excellent place for professional tenants to locate and will be a sound investment.Located off of 700 E in Sandy. (4) Four Office Condos portfolio for sale. Two suites are located in Building 9672 (200 & 201) , and the other two suites are located in Building 9768 (102 & 202). Each suite is 1,024 SF. Total space for sale is 4,096 SF.
    Additional Photos
    Listing Agents
    Chet Barber

    O: 801-783-2064
    M: 801-628-9178
    chet.barber@svn.com
    Tia Shim Esq
    SN Alta Commercial
    O: 801-508-2881
    tia.shim@svn.com
    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.

    9672 South 700 East

    Sandy, UT 84070

    Listing ID: 236283
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    Building Size: 7,916 SF
    Lot Size: 1.230 AC
    Land Size: 53,578 SF
    Building $/SF: $88.43
    Land $/SF: $13.07
    Price
    $700,000
    Description

    SVN Alta Commercial is proud to present this four-unit office condominium investment in Sandy. With three of the four condos leased, and one currently vacant, this product is ideal for an investor looking for a stable asset, or a small owner user looking to occupy just over 1,000 square feet and collect passive income on the other 3 leased suites. The market for professional office space in Sandy is healthy. Stable rents (market $18.95 PSF) and vacancy rates (12.9%) indicate that office suites in Sandy will remain a stable investment for the foreseeable future. The office suites in this property are in excellent condition with standard tenant improvements. Sandy is located in the heart of Salt Lake County and is a highly populated suburb of Salt Lake City, where demographics favor business ownership and local patronage. And, due to its proximity to Lehi (also known as the Silicon Slopes), Sandy is one of the fastest growing cities in UT. This property will remain an excellent place for professional tenants to locate and will be a sound investment.

    Located off of 700 E in Sandy. (4) Four Office Condos portfolio for sale. Two suites are located in Building 9672 (200 & 201) , and the other two suites are located in Building 9768 (102 & 202). Each suite is 1,024 SF. Total space for sale is 4,096 SF.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    West Valley City History of Office Space for Sale

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    Sandy Area Market Trends

    Listing Demographics for 9672 South 700 East Sandy, UT 84070

    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 Population14,990121,596276,148
    Population Median Age363637
    Population by Age0-9 Yrs2252 (15%)18136 (14%)39210 (14%)
    10-19 Yrs1706 (11%)16731 (13%)37915 (13%)
    20-29 Yrs2416 (16%)17575 (14%)38959 (14%)
    30-39 Yrs2364 (15%)18502 (15%)40467 (14%)
    40-49 Yrs2100 (14%)14998 (12%)33743 (12%)
    50-59 Yrs1332 (8%)13615 (11%)32389 (11%)
    60-69 Yrs1292 (8%)12161 (10%)29201 (10%)
    70+ Yrs1528 (10%)9878 (8%)24264 (8%)
    Median HH Income$75,073$84,761$85,128
    Total Household Income< 24K597 (11%)4341 (10%)9934 (10%)
    25-49K796 (15%)6118 (15%)14491 (15%)
    50-74K1127 (22%)7367 (18%)17112 (18%)
    75-99K978 (19%)6229 (15%)13685 (14%)
    100-199K1394 (27%)13494 (33%)30160 (32%)
    200K+153 (3%)2967 (7%)8783 (9%)
    Highest Education LevelNo Diploma639506210326
    Diploma or GED20921580935349
    Some College31852057146639
    Assoc. Degree869749316972
    Bachelors Degree24562036347631
    Higher Degree6961003825442
    Total Housing Units5,34242,64399,260
    --Owner-Occupied3,87229,28268,070
    --Renter-Occupied1,17311,23426,095
    Owner-Occupied Values< 100K649091822
    100-199K41125305535
    200-299K2219893017627
    300-399K867891019292
    400-499K181429410141
    500K+130370913654
    Total Working Age Population11,65992,814212,986
    In Work Force8,16765,174148,454
    Not In Work Force3,49227,64064,533
    Workforce Employed7,76263,081143,510
    Workforce Unemployed4062,0444,811
    Civlian Workforce8,16765,125148,321
    Military Workforce049133
    Total Households5,04540,51694,164
    Family Households3,69930,30068,893
    Non-Family Households1,34610,21625,271
    Married Couple3,04624,41556,774
    Other Family6535,88412,120
    Married w/Child1,32410,96424,387
    Single Male w/Child999781,926
    Single Female w/Child1511,8523,961

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 9672 South 700 East in Sandy?
    The asking price for 9672 South 700 East is $700,000
    What is the building size of this Office property in Sandy, UT?
    The size of the building/unit at 9672 South 700 East in Sandy is 7,916 square feet
    How much land does the Sandy, UT property at 9672 South 700 East include?
    9672 South 700 East in Sandy includes 1.230 acres of land
    What kind of Office is the propery at 9672 South 700 East?
    The property at 9672 South 700 East Sandy, UT 84070 is listed as a Professional Office property
    What is the population within 1 mile of 9672 South 700 East in Sandy?
    The population within 1 mile of 9672 South 700 East Sandy, UT 84070 is 14,990 people.
    Who do I contact for questions about 9672 South 700 East?
    You should contact the listing agent, Chet Barber, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Salt Lake City International Airport (SLC) 16
    Boise Air Terminal/Gowen Field (BOI) 304
    McCarran International Airport (LAS) 358
    Price
    $700,000
    Listing Agent
    Listing Co-Agent
    Chet Barber - CRE Agent at SN Alta Commercial

    Tia Shim Esq

    Independent Agent
    More listings from Chet Barber
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