Listing Agency: CBRE, Inc k***@cbre.com Show Phone

Listed By: Kreg Peterson · License #5483446-SA00 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 17 Last Checked: Aug 20 at 10:35AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers office units and spaces for rent. The property features a combination of bullpen and private offices. Ample parking is available. The location is ideally situated near I-15 and various amenities. The property size is 2848 square feet.

Key Highlights

• Ideally located near I‑15
• Ample parking
• Bullpen

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon Restaurant Grocery & Convenience Store Dental Office

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

Lease Details

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

615

Businesses Nearby

Explore this area Business Placement

Demographics for 84020, UT

51,017

Population

16,865

Households

3

Avg Household Size

34

Median Age

51%

College-Educated

97%

High-School Grad

27.2 sq mi

ZIP Area

1,876

Density / Sq Mi

$130,680

Median Household Income

$55,377

Median Earnings

$1,812

Median Rent

$726,000

Median Home Value

Market

Lease Benchmarks for Draper, UT

$18.7 /SF/Yr

Avg Asking Price

$12–$26 /SF/Yr

Price Range

10,766 SF

Avg Space Size

This space is priced 14% below the average of $18.7 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent near I-15 with ample parking.

Where is this office units located?

The property is located at 12397 South 300 East Draper, UT.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Ideally located near I‑15; Ample parking; Bullpen