67 13490Draper, UT 84020

Property Details for 67 13490

Year built

2015

Lot size

1.70 AC

Property size (Sq ft)

53,598 SF

Zone code

DC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

33-01-228-012

APU

3301228012

Description

The Interchange Building III offers 32,962 square feet of immediately available Class A executive office space in Draper, Utah. This exceptional property boasts three modern, three-story buildings totaling 51,600 square feet, constructed in 2016. The space is perfect for multiple tenants, with a maximum contiguous space of 16,481 square feet. Currently, there is a significant amount of vacant space available, providing flexibility for businesses of various sizes. The building features ample parking with a ratio of 5 spaces per 1,000 square feet, ensuring convenient access for employees and clients. Elevators are available for easy access to all three floors. Located in Salt Lake County, this property offers a prime location with the benefit of low lease rates. The building's modern design and amenities make it an ideal choice for businesses seeking a high-quality, efficient workspace. With its strategic location and competitive pricing, The Interchange Building III presents a compelling opportunity for businesses seeking to establish or expand their presence in the thriving Draper market. The property is comprised of three separate buildings, offering a unique opportunity for a multi-tenant or single-tenant occupancy. Inquire today to learn more about this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $17,558,162

  6.5%

  $16,207,535

  7%

  $15,049,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,644,457

  Geo Method

  $16,644,457

• Alternative Use

  Use

  Valuation

  Residential

  $16,207,535

  Hospitality

  $14,846,015

  Educational

  $12,351,710

  Medical

  $12,776,504

  Retail

  $19,213,770

Location Insight

City

Draper

County

Salt Lake

State

Utah

Latitude

40.5053

Longitude

-111.893

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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