10 Scenic Pointe DrDraper, UT 84020

Property Details for 10 Scenic Pointe Dr

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.33 AC

Property size (Sq ft)

14,862 SF

Zone code

C-R

Property type

Retail properties

Property subtype

Strip malls

APN

33-12-477-001

APU

3312477001

Description

This exceptional 1,343-square-foot creative office space is available for sublease in Draper, Salt Lake County. Located in a convenient end-cap unit with immediate freeway access off the I-15 interchange at 14600 South, this property offers unparalleled accessibility. The space boasts a thoughtfully designed layout featuring four private offices with hard walls, a dedicated conference room, a storage room, and a spacious open area ideal for a reception area or showroom. The current lease on the master lease expires November 30, 2030, providing long-term stability for the subtenant. The asking lease rate is $28.00 per square foot, triple net (NNN). This single-tenant occupancy presents a unique opportunity for a business seeking a modern, well-appointed office space in a prime Draper location. The efficient layout and convenient amenities make this property an ideal choice for a variety of businesses. The building's strategic location provides easy access to major transportation routes, ensuring seamless commutes for employees and clients alike. Don't miss this chance to secure this exceptional office space. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $5,771,720

  6.5%

  $5,327,742

  7%

  $4,947,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,503,556

  Geo Method

  $7,503,556

• Alternative Use

  Use

  Valuation

  Residential

  $4,494,150

  Hospitality

  $4,116,617

  Educational

  $3,424,977

  Medical

  $3,542,767

  Retail

  $5,327,742

Location Insight

City

Draper

County

Salt Lake

State

Utah

Latitude

40.4823

Longitude

-111.892

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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