696 W CONFLUENCE AVE

Active

Investment Highlights Annual Gross Rent $82,656 Net Operating Income $62,293.39 Cap Rate 4.45% Property Taxes $10,258.73 Insurance $2,031 HOA Fees $2,479.68 Reserves (3%) $2,479.68 Proforma Cap Rate 6.57% Proforma Annual Rent ($1.25/SF NNN) $94,500 Property Highlights Total: 6,200 SF Tenant: Luxor Reptiles (Heatseeker Reptiles) LED: April 30, 2026 Renewal Option: Tenant Has One (1) Five (5) Year Renewal Option at FMV Built 2006 Annual Increases: 3% Floors: Two (2)

Listing courtesy of LEGEND PARTNERS ll, LLC. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data services provided by IDX Broker

Price:$$1,400,000 USD
Address:696 W Confluence Ave
City:Murray
County:Salt Lake
State:Utah
Subdivision:CONFLUENCE PLACE CONDO AMD
MLS:2056798
Acres:0.02
Lot Square Feet:0.02 acres
Please sign up for a Listing Manager account below to inquire about this listing

Leave a Reply