999 Murray Holladay RdMillcreek, UT 84117

  • Healthcare properties
  • 68,004 SF
For Lease
$28/SF/YR View listing

Property Details for 999 Murray Holladay Rd

Year built
2007
Construction
STEEL FRAME
Lot size
2.25 AC
Property size (Sq ft)
68,004 SF
Zone code
R-M
Property type
Healthcare properties
Property subtype
Medical offices
APN
22-08-129-076
APU
2208129076

Description

This exceptional 2,041 square foot medical office condo is located in a desirable Millcreek, Utah location at 999 E Murray Holladay Rd, zip code 84117. Situated within a larger, three-story Class A building (46,000 total square feet, built in 2007), this single-tenant space boasts abundant natural light from expansive windows. Previously used as a Med Spa, the space is ready for immediate occupancy. The building offers convenient covered and surface parking, enhancing accessibility for both staff and patients. Common areas are well-maintained and currently undergoing renovations to further elevate the high-end aesthetic. The property includes monument and interior directory signage opportunities, ensuring excellent visibility. Full ADA accessibility is a key feature, promoting inclusivity. Furthermore, utilities are conveniently included within the common area maintenance (CAM) fees. This Salt Lake County property presents a rare opportunity for a medical practice seeking a move-in ready, well-appointed space in a thriving community. The building features one elevator for easy access to all three floors.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,965,230
    6.5%
    $16,583,290
    7%
    $15,398,769
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,624,601
    Geo Method
    $13,624,601
  • Alternative Use

    Use
    Valuation
    Residential
    $20,563,280
    Hospitality
    $18,835,854
    Educational
    $15,671,209
    Medical
    $16,210,166
    Retail
    $24,377,436
999 Murray Holladay Rd, Millcreek, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.6666
Longitude
-111.863
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$500
$1,500
$2,000
-
$500
$1,500
$2,000

FAQs

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