8072 S HIGHLAND Cottonwood Heights, UT 84121

$9,340,817
8072 S HIGHLAND, Cottonwood Heights, UT 84121
Call 1-800-839-1363
1441039

Commercial Property for sale in Cottonwood Heights, UT

for $9,340,817. This building was built in 1980 on a lot size of 0.98 Acre(s).

Property Information

  • $9,340,817
  • Commercial
  • Taxes are $16,206
  • Hotel/Motel
  • Active
  • Lot size of 0.98 Acre(s)
  • Built in 1980
  • Cottonwood Heights, UT
  • Salt Lake County
  • MLS/Web ID is 1441039

Description

This Portfolio is a package deal of 6 properties that consists of a Corporate office, Intensive Out-Patient and 5 fully licensed Residential Treatment Centers and Sober Living Facilities. Can also be sold individually. Property Flyer with Pro-Forma attached to listing documents. Property is leased out to a long-term tenant at an 8% Cap Rate, Absolute NNN lease, The lease amount increases 3% every year The Lessee has 7 years left on lease with 3, 5 year extensions built into the lease. All showings must be scheduled in advance.Please don't disturb tenants or walk the property without scheduled showing.

Exterior 1

Parking

  • 1-20 Parking Spaces

† Excluded Feature

Listed By

Broker: IMPOWER REAL ESTATE INFINITE PROPERTIES

8072 S HIGHLAND , Cottonwood Heights, UT, 84121 is a Commercial Property for sale at $9,340,817 with a lot size of 0.98 Acre(s). 8072 S HIGHLAND was built in 1980. The property's zip code is 84121 which is in Cottonwood Heights, UT

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Pricing History

Date Price Price Change Description
5/3/2017 $9,340,817 -13.13 % Price Change
4/4/2017 $10,752,434 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Cottonwood Heights $734,865 92 % below $529,900 94 % below
Commerical listings in Cottonwood Heights $3,310,270 65 % below $1,775,182 81 % below

Get the facts about Cottonwood Heights, UT!

Population 34,042
Population Growth (since 2000) -3 %
Median Income $75,784
Median Age 37.37
Households w/ Children 28 %

Residential Dwellings

  • Owned 9006
  • Vacant 907
  • Rented 3625

Similar Listings

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