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    375 Millennium Way Midvale, UT 84047

    For Lease
    $1.50 SF/Yr ($1,287 /Mo)

    Modern Midvale flex space, 10,300 sq ft, available now.

    Lot size:
    10,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A flex space, located at 375 Millennium Way in Midvale, Utah, offers 10,300 square feet of versatile industrial space, currently entirely vacant and ready for immediate occupancy. The building boasts a single-tenant configuration, ideal for a business seeking a dedicated and expansive workspace. Situated in Salt Lake County, this property provides easy access to major transportation routes, making it a strategic location for efficient logistics and commuting. The high ceilings, measuring 21 feet, offer ample vertical space for various operational needs, including the potential for high-rack storage or specialized equipment. The property is classified as a Flex space, catering to a wide range of businesses requiring a blend of office and warehouse functionality. With its prime location, substantial square footage, and modern amenities, this property presents a unique opportunity for businesses seeking a high-quality, efficient, and adaptable workspace in the thriving Midvale market. The zip code is 84047. The property is available for lease.

    Property Features for 375 Millennium Way

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,300 SF
    Class
    A
    Total Rate
    1287.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,300 SF
    Rate per SF
    $1.50

    HighLights

    • 10,300 SF Class A flex space in Midvale, UT.
    • Minimum divisible space: 1,720 SF.
    • 21' clear height.
    • 12' x 12' grade‑level garage doors.
    • Excellent I‑15 access via 7200 S.
    • New construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.901317
    Latitude
    40.6184151

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    FAQs

    What type of property is this?
    Flex space - Modern Midvale flex space, 10,300 sq ft, available now.
    Where is this flex space located?
    The property is located at 375 Millennium Way Midvale, UT.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: 10,300 SF Class A flex space in Midvale, UT.; Minimum divisible space: 1,720 SF.; 21' clear height.
    Request Owner's contact information
    375 Millennium Way Midvale, UT 84047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    375 Millennium Way Midvale, UT 84047
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