10011 Centennial PkwySandy, UT 84070

  • Mixed-use properties
  • 109,047 SF
For Lease
$26.75/SF/YR View listing

Property Details for 10011 Centennial Pkwy

Year built
1998
Construction
STEEL FRAME
Lot size
4.95 AC
Property size (Sq ft)
109,047 SF
Zone code
CBD-P
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
27-12-476-022
APU
2712476022

Description

One Sandy Center offers exceptional office space for lease in Sandy, Utah's desirable South Towne submarket. This Class A, six-story building, totaling 108,026 square feet, underwent extensive renovations in 2020, ensuring modern amenities and a high-quality workspace. The property boasts a convenient location at 10011 S Centennial Pkwy, Sandy, UT 84070, situated on a 4.95-acre lot within Salt Lake County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,426 square feet to a maximum contiguous space of 4,002 square feet. Currently, 5,428 square feet of space is vacant and ready for immediate occupancy. The building provides ample parking with a 4-per-1000-square-foot ratio. Built in 1998, One Sandy Center caters to both traditional office and medical office needs, offering a versatile and adaptable environment for various businesses. Its prime location and modern features make it an ideal choice for companies seeking a prestigious and functional workspace in a thriving area. The property is easily accessible and offers excellent visibility. Inquire today to learn more about leasing opportunities and explore the possibilities of establishing your business at One Sandy Center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,722,264
    6.5%
    $32,974,398
    7%
    $30,619,084
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,863,728
    Geo Method
    $33,863,728
  • Alternative Use

    Use
    Valuation
    Residential
    $32,974,398
    Hospitality
    $30,204,370
    Educational
    $25,129,682
    Medical
    $25,993,930
    Retail
    $39,090,616
10011 Centennial Pkwy, Sandy, Utah

Location Insight

City
Sandy
County
Salt Lake
State
Utah
Latitude
40.5689
Longitude
-111.894
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$199,541
$4,334,100
$16,350,200
$20,684,300
-
$4,334,100
$16,350,200
$20,684,300

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