675 2100Salt Lake City, UT 84106

  • Mixed-use properties
  • 114,687 SF
For Lease

Property Details for 675 2100

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.89 AC
Property size (Sq ft)
114,687 SF
Zone code
CB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
16-20-101-005
APU
1620101005

Description

Plaza 7-21, located at 675 E 2100 S in Salt Lake City, UT 84106, offers a rare opportunity to lease in a newly renovated, Class A office building. This multi-tenant property boasts a total of 69,339 square feet, with 3,438 square feet currently vacant and immediately available. The building offers a variety of office space options suitable for traditional, creative, or executive office uses. One available space is 2,341 square feet. The property enjoys a prime location in Sugar House, a premier retail corridor in Salt Lake City, providing excellent visibility and accessibility. The building benefits from high traffic counts, both day and night, and is conveniently situated near major transportation arteries, including I-80 and I-15, ensuring easy commutes for employees and clients. The lease is a NNN (Net, Net, Net) structure, with a base rent of $7.77 per square foot. Contact for pricing and further details. This exceptional property presents a unique chance to establish a presence in a thriving Salt Lake City neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $37,568,768
    6.5%
    $34,678,860
    7%
    $32,201,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $35,615,188
    Geo Method
    $35,615,188
  • Alternative Use

    Use
    Valuation
    Residential
    $34,678,860
    Hospitality
    $31,765,650
    Educational
    $26,428,648
    Medical
    $27,337,570
    Retail
    $41,111,232
675 2100, Salt Lake City, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7259
Longitude
-111.872
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
$157,131
$3,180,100
$12,714,200
$15,894,300
-
$3,180,100
$12,714,200
$15,894,300

FAQs

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