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    12300 & Interstate 15 Draper, UT 84020

    For Lease
    Contact for pricing

    Prime Draper storefront, multiple units available.

    Lot size:
    66,627 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity at Draper Peaks, located at 12300 South & Interstate 15 in Draper, Utah (zip code 84020), offers a total of 66,627 square feet of retail space within a multi-tenant building in Salt Lake County. Currently, there is 10,675 square feet of vacant space available, divisible into units ranging from a minimum of 2,262 square feet to a maximum contiguous space of 5,482 square feet. This high-visibility location provides excellent access and exposure due to its proximity to Interstate 15, ensuring significant foot traffic and convenient access for customers. The property is ideal for a variety of retail businesses seeking a prominent presence in a thriving Draper community. The flexible space options allow for customization to suit individual tenant needs, making it an attractive proposition for businesses of various sizes. This is a rare opportunity to secure prime retail space in a highly desirable location. Interested parties should inquire promptly to secure their preferred space within this sought-after development. The property's strategic location and ample space make it an excellent investment for businesses looking to establish or expand their operations in the vibrant Draper market.

    Property Features for 12300 & Interstate 15

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,627 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,931 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8916625
    Latitude
    40.5266937

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    FAQs

    What type of property is this?
    Individual retail property - Prime Draper storefront, multiple units available.
    Where is this individual retail property located?
    The property is located at 12300 & Interstate 15 Draper, UT.
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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
    12300 & Interstate 15 Draper, UT 84020
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