Updated Sep 11, 2026
Principal Life Acquires Industrial Property In Salt Lake City For $42.55M
6941 West 2100 South
$42,550,000
$105/SF
Building Size
404,000 SF
Asset Type
Industrial
Closing
May 1, 2023
About this deal
AI
The industrial property located at 6941 West 2100 South in Salt Lake City, UT has been sold in a transaction. The property spans 404,000 square feet and was sold for a total price of $42,550,000. The sale price per square foot is $105.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $42,550,000
- Square Footage: 404,000
- Address: 6941 West 2100 South, Salt Lake City, UT
- Market: Salt Lake City, UT
The buyer in this transaction is Principal Life, while the seller is Sansone Group. The brokers involved in the deal are Joshua Peck and Susan Annis from GFI Realty Services.
On the Map
$42,550,000
$105/SF
Industrial
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Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93