4525 Wasatch BlvdSalt Lake City, UT 84124

  • Mixed-use properties
  • 47,834 SF
For Lease
$23.50/SF/YR View listing

Property Details for 4525 Wasatch Blvd

Year built
1986
Construction
STEEL FRAME
Lot size
2.65 AC
Property size (Sq ft)
47,834 SF
Zone code
C-1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
22-02-403-003
APU
2202403003

Description

Benchmark Plaza, located at 4525 S. Wasatch Blvd in Salt Lake City, Utah, presents a unique leasing opportunity. This single-story, Class B office building, constructed in 1986, offers a total of 45,010 square feet of executive office space. Currently, 1,460 square feet are available for lease, perfect for a growing business seeking a prominent location. The building sits on a generous 2.65-acre lot, providing ample parking and outdoor space. The property's classification as "Executive Office" suggests a high-quality build-out and amenities suitable for professional businesses. The address is within Salt Lake County, zip code 84124, offering easy access to major transportation routes and local amenities. This is a multi-tenant building, providing a collaborative and professional environment. The available space totals 1,460 square feet, ready for immediate occupancy. The building's size and location make it an ideal choice for businesses seeking a well-established presence in Salt Lake City. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure office space in a well-maintained building in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,669,437
    6.5%
    $14,464,096
    7%
    $13,430,946
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,854,490
    Geo Method
    $14,854,490
  • Alternative Use

    Use
    Valuation
    Residential
    $14,464,096
    Hospitality
    $13,249,034
    Educational
    $11,023,041
    Medical
    $11,402,140
    Retail
    $17,146,952
4525 Wasatch Blvd, Salt Lake City, Utah

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.6725
Longitude
-111.802
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
$85,918
$2,377,000
$4,926,500
$7,303,500
-
$2,377,000
$4,926,500
$7,303,500

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].