Investment Overview
FOR SALE | Office Investment Property
411 W 7200 S | Midvale, UT 84047
Purchase Price: $3,600,000
Net Operating Income (NOI): $194,318
Asset Type: Office
Building Size: 19,500 SF
Year Built: 1979
Building Class: C
Zoning: Office / Professional
Investment Overview
411 W 7200 S is a well-located office investment opportunity positioned just off the 7200 South I-15 exit in Midvale, Utah. The property benefits from excellent freeway visibility, strong access, and consistent demand for affordable professional office space in the central Salt Lake Valley.
The building is comprised of clean, quiet, professional office suites suited for corporate, medical, and service-oriented tenants. The asset has been operated as a full-service office building, offering predictable expenses and stable cash flow.
At the offering price of $3.6M, the property delivers $194,318 in NOI, making it an attractive option for investors seeking steady income with upside through leasing, rent growth, or operational efficiencies.
Location & Market
Midvale sits at the geographic and economic center of the Salt Lake Valley, providing direct access to Salt Lake City, Sandy, Murray, and West Jordan. Office assets in this corridor continue to benefit from strong demand driven by affordability relative to downtown and suburban submarkets.
Financial Summary
• Asking Price: $3,600,000
• NOI: $194,318
• Lease Structure: Primarily Full Service
• Upside: Lease-up, rent increases, expense optimization
Contact for More Information or a Private Tour
Elliot Abel
Associate Broker
435-485-7070
elliot@iraut.com
Listing Brokerage: Investment Realty Advisors
Marketed by Investment Realty Advisors, LLC
Information deemed reliable but not guaranteed.
Investment Highlights
- Property Highlights
- • Prime Midvale location with immediate access to I-15
- • Strong visibility from 7200 South
- • 19,500 SF multi-tenant office building
- • Full-service office configuration
- • Ample on-site parking
- • Professionally maintained, clean interiors
- • Diverse tenant mix suitable for long-term stability
- • Value-add potential through lease-up and rent optimization