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Draper Office Asset Opportunity
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12162 S Business Park Dr, Draper, UT 53070

Two-building office asset in desirable Draper, Utah submarket.

Property Size60,000 SF
Days on Market104

Property Features for 12162 S Business Park Dr

General Information

Standard status Active
Size 60,000 SF
Class B
Property subtype Office
Occupancy 65%
Investment Type Owner/User

Building Details

Buildings 2
Tenancy Multi
Listing Agency: JLL - Salt Lake City, Utah
Listed By: DAVID NIXON · License #UT
Source: Crexi
Added: May 18 Changed: Aug 8 Last Checked: Aug 26 at 12:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Salt Lake City, Utah

Investment Insights

Based on property information with market context.

This offering features a two-building office asset totaling approximately 60,000 square feet, situated at 12162 and 12159 S Business Park Dr in Draper, Utah. The property presents an opportunity to acquire a well-located suburban office investment within a rapidly growing submarket of the Salt Lake Valley. The buildings provide functional and flexible layouts suitable for various office users, complemented by strong curb appeal and a parking ratio of 3.0/1,000 SF. The configuration allows for multi-tenant leasing strategies or potential owner-user scenarios. Strategically positioned in Draper, the property benefits from its location in one of the most sought-after office submarkets in Salt Lake County, characterized by strong population growth, high household incomes, and a highly educated workforce. The area serves as a hub for technology, professional services, and corporate users, driven by its proximity to Silicon Slopes and convenient access to both Salt Lake City and Utah County. Immediate access to Interstate 15 and Bangerter Highway ensures seamless connectivity throughout the Salt Lake Valley. The surrounding area offers a strong amenity base, including retail centers, restaurants, and service-oriented businesses that support tenant demand and employee convenience. The presence of nearby national and regional tenants further enhances the location's appeal as a business destination.

Key Highlights

  • Located in Draper, a highly desirable and rapidly growing submarket in the Salt Lake Valley.
  • Excellent access to Interstate 15 and Bangerter Highway.
  • Two‑building office asset totaling approximately 60,000 square feet.

Property Analytics

Current Use

Xennsoft LLC - MLM ... (Bike/Boat/Book/etc) Store Lincoln Institute of Financial ... Training Center Peak Tumbling Gym & Fitness Center Marine Venture Group Corporate Office Bioreach Laboratory

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,388
Businesses Nearby

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-building office asset in desirable Draper, Utah submarket.
Where is this office building located?
The property is located at 12162 S Business Park Dr Draper, UT.
What are key features of this property?
This property features: Located in Draper, a highly desirable and rapidly growing submarket in the Salt Lake Valley.; Excellent access to Interstate 15 and Bangerter Highway.; Two‑building office asset totaling approximately 60,000 square feet.
(801) 456-9510 Call to check price and availability
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