4525 Wasatch BlvdSalt Lake City, UT 84124

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

Investment properties

Property subtype

Retail residential 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.

• 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

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

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