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    11629 700 Draper, UT 84020

    For Lease
    $24 SF/Yr

    Modern Draper office space, move-in ready.

    Lot size:
    18,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story, Class B office building, located at 11629 S 700 E, Draper, UT 84020, offers 18,598 square feet of versatile space ideal for executive, medical, or creative office uses. Built in 2007 and renovated in 2015, the property boasts a 14-foot ceiling height and features six suites, with a minimum divisible space of 1,670 square feet and a maximum contiguous space of 8,750 square feet currently available. The building sits on a 1.3-acre lot (56,628 square feet) and is zoned for commercial office/medical use within the Draper submarket of Salt Lake County. Amenities include one passenger elevator and a whole-building generator ensuring uninterrupted operations. The available 8,750 square feet of vacant space includes existing cubicles and office furniture, making it move-in ready for a December 1, 2024 lease start date. Conveniently located near the cross streets of 700 E and 116th South, this property presents a unique opportunity for businesses seeking a modern and functional workspace in a thriving Draper location. The property is easily accessible and offers ample parking.

    Property Features for 11629 700

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,598 SF
    Class
    B
    Total Rate
    37196

    Building Details

    Year Built/Renovated
    2007/2015
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,750 SF
    Rate per SF
    $30

    HighLights

    • 18,598 SF Class B office building in Draper, UT, ideal for executive, medical, or creative office uses.
    • Built in 2007, renovated in 2015, featuring 14‑foot ceilings and six suites.
    • 1.3‑acre lot (56,628 SF), zoned for commercial office/medical use.
    • 8,750 SF of move‑in ready space available December 1, 2024, including existing cubicles and furniture.
    • Amenities include one passenger elevator and a whole‑building generator; ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    IDS, Inc. Software Company Sopra Services Business Management Consultant DMR Agency Marketing Agency DeLand Investigations Private Investigator idsDoc Mortgage Broker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.86987948
    Latitude
    40.54070042

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    FAQs

    What type of property is this?
    Office space - Modern Draper office space, move-in ready.
    Where is this office space located?
    The property is located at 11629 700 Draper, UT.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 18,598 SF Class B office building in Draper, UT, ideal for executive, medical, or creative office uses.; Built in 2007, renovated in 2015, featuring 14-foot ceilings and six suites.; 1.3-acre lot (56,628 SF), zoned for commercial office/medical use.
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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
    11629 700 Draper, UT 84020
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