500 Market Place DrCenterville, UT 84014

Property Details for 500 Market Place Dr

Year built

2012

Lot size

4.10 AC

Property size (Sq ft)

81,147 SF

Zone code

C-VH

Property type

Office properties

Property subtype

Office buildings

APN

02-184-0004

APU

21840004

Description

This exceptional sublease opportunity presents 2,395 square feet of Class A office space within the prestigious Centerville Marketplace I complex. Located in a prime position offering immediate access to I-15 and Legacy Parkway, this property provides unparalleled convenience for commuters. The building itself boasts a total of 80,708 square feet, spread across two four-story buildings, constructed in 2000. The space is part of a multi-tenant building, offering a collaborative and professional environment. Amenities are easily accessible, with the property being situated in a walkable area. The building features elevators for convenient access to all floors. Covered parking is available for tenants and their guests, providing protection from the elements. This sublease offers a fantastic chance to secure high-quality office space in a desirable location with excellent transportation links and convenient amenities. The space is ready for immediate occupancy, making it an ideal solution for businesses seeking a seamless transition. The traditional office layout provides a classic and functional workspace, perfect for a variety of business needs. This is a rare opportunity to secure a well-located, modern office space in a thriving area. Don't miss out on this chance to establish your business in a prime Centerville location.

• CAP approach

  CAP return

  Valuation

  6%

  $21,436,250

  6.5%

  $19,787,308

  7%

  $18,373,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,257,801

  Geo Method

  $16,257,801

• Alternative Use

  Use

  Valuation

  Residential

  $24,536,262

  Hospitality

  $22,475,084

  Educational

  $18,699,006

  Medical

  $19,342,092

  Retail

  $29,087,342

Location Insight

City

Centerville

County

Davis

State

Utah

Latitude

40.9224

Longitude

-111.887

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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