38 13775Draper, UT 84020

Property Details for 38 13775

Year built

2016

Lot size

0.01 AC

Property size (Sq ft)

4,172 SF

Zone code

CSD136

Property type

Investment properties

Property subtype

Retail residential properties

APN

33-01-278-011

APU

3301278011

Description

This exceptional medical office building in Draper, Utah, offers a prime opportunity for healthcare professionals seeking versatile and well-appointed space. Located at 38 13775 S, Suites 100, 110, 200, 210, in Salt Lake County, this property boasts a total of 35,151 square feet, situated on a generous 2.56 acres of land. Currently, there is 2,232 square feet of vacant, rentable clinical space available, with a minimum divisible space of 1,704 square feet. This space is conveniently located on the main level, offering easy accessibility for patients and staff. The building is configured for multiple tenants, providing a collaborative and professional environment. The lease rate is $35.00 per square foot per year, with a triple net (NNN) lease structure. The property's address is 38 13775 S, Suites 100, 110, 200, 210, Draper, UT 84020. This location provides excellent visibility and accessibility within the thriving Draper community. This is an ideal opportunity to establish or expand your medical practice in a desirable and well-equipped facility. Don't miss this chance to secure your space in this sought-after medical office building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,366,706

  6.5%

  $1,261,575

  7%

  $1,171,462

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,295,583

  Geo Method

  $1,295,583

• Alternative Use

  Use

  Valuation

  Residential

  $1,261,575

  Hospitality

  $1,155,596

  Educational

  $961,442

  Medical

  $994,508

  Retail

  $1,495,577

Location Insight

City

Draper

County

Salt Lake

State

Utah

Latitude

40.5009

Longitude

-111.892

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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