Skip to main content

Office Warehouse

3010-3020 S West Temple

3010 S W Temple St, Salt Lake City, UT 84115

Listing Price: $8,419,000

Cap Rate
6.30%
Gross SF
36,834
Price/Gross SF
$228.57
Lot Size
1.69 acres
Year Built
2007
Rentable SF
36,834

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ±36,834-square-foot single-tenant industrial asset located at 3020 S West Temple in South Salt Lake City, Utah (the “Property”). The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical (“SameDay”) on a NNN lease structure with approximately five years of firm term remaining after a recent lease extension. The lease features 3.5% annual rental increases, providing investors with a strong hedge against inflation, and limited landlord responsibilities.

Investment Highlights

  • The Property functions as SameDay Heating & Air, Plumbing, and Electricals' central headquarters and primary operations facility for the Greater Salt Lake City market
  • SameDay is one of Northern Utah's leading residential home services providers offering HVAC, plumbing, and electrical solutions across the Wasatch Front
  • The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical through December 2031 on a NNN basis
  • The ±36,834-square-foot facility supports a fully integrated combination of office, warehouse, fleet, and service operations featuring 24' clear height, 5 drive-in doors and 2 dock high doors

Exclusively Listed By

  • Quinn Callahan

    Associate Investments

    (801) 736-2600

    Email Quinn

    License(s): UT: 14197294-SA00

    Salt Lake City

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

Financing By

Office Warehouse

3010-3020 S West Temple

Listing Price: $8,419,000

Cap Rate
6.30%
Gross SF
36,834
Price/Gross SF
$228.57
Lot Size
1.69 acres
Year Built
2007
Rentable SF
36,834

Investment Highlights

  • The Property functions as SameDay Heating & Air, Plumbing, and Electricals' central headquarters and primary operations facility for the Greater Salt Lake City market
  • SameDay is one of Northern Utah's leading residential home services providers offering HVAC, plumbing, and electrical solutions across the Wasatch Front
  • The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical through December 2031 on a NNN basis
  • The ±36,834-square-foot facility supports a fully integrated combination of office, warehouse, fleet, and service operations featuring 24' clear height, 5 drive-in doors and 2 dock high doors

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ±36,834-square-foot single-tenant industrial asset located at 3020 S West Temple in South Salt Lake City, Utah (the “Property”). The Property is 100% leased to Intermountain Home Services, LLC d/b/a SameDay Heating & Air, Plumbing, and Electrical (“SameDay”) on a NNN lease structure with approximately five years of firm term remaining after a recent lease extension. The lease features 3.5% annual rental increases, providing investors with a strong hedge against inflation, and limited landlord responsibilities.

Exclusively Listed By

  • Quinn Callahan

    Associate Investments

    (801) 736-2600

    Email Quinn

    License(s): UT: 14197294-SA00

    Salt Lake City

  • Tivon Moffitt

    Senior Managing Director Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00

    Phoenix

Financing By

MM Texture Background
MM Textured Background Lower