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

Investment properties

Property subtype

Retail residential 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

FAQs

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