6440 Millrock DrHolladay, UT 84121

  • Retail properties
  • 213,344 SF
For Lease
$30/SF/YR View listing

Property Details for 6440 Millrock Dr

Year built
2007
Construction
CONCRETE
Lot size
3.68 AC
Property size (Sq ft)
213,344 SF
Zone code
ORD
Property type
Retail properties
Property subtype
Parking lots & garages
APN
22-23-251-032
APU
2223251032

Description

This exceptional Class A office space, located at 6440 S. Millrock Dr in Holladay, Utah, presents a unique leasing opportunity. The property, known as Millrock Park North, is a single-story building totaling 152,280 square feet and currently features one available suite encompassing 8,467 square feet. Situated in the desirable Cottonwood submarket of Salt Lake County, this property offers convenient access to major transportation routes and amenities. The building's "Traditional Office" and "Executive Office" subtypes cater to a variety of business needs. The property's single-story design provides ease of access and functionality. With its prime location in Holladay, Utah, 84121, this space is ideal for businesses seeking a prestigious and efficient workspace. The available 8,467 square feet offers ample room for expansion and customization to suit specific operational requirements. This is a multiple-tenancy building, providing a vibrant and collaborative environment. Interested parties are encouraged to inquire about this exceptional leasing opportunity. The property is classified as Class A, reflecting its high-quality construction and amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $82,850,616
    6.5%
    $76,477,496
    7%
    $71,014,816
  • Comparable approach

    Method
    Valuation
    Relative Method
    $107,713,544
    Geo Method
    $107,713,544
  • Alternative Use

    Use
    Valuation
    Residential
    $64,511,628
    Hospitality
    $59,092,304
    Educational
    $49,164,104
    Medical
    $50,854,932
    Retail
    $76,477,496
6440 Millrock Dr, Holladay, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.6341
Longitude
-111.801
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
$426,363
$3,646,800
$37,711,500
$41,358,300
-
$3,646,800
$37,711,500
$41,358,300

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