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    3702 State St South Salt Lake, UT 84115

    For Lease
    $15 SF/Yr

    Prime South Salt Lake medical office space.

    Lot size:
    51,590 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 51,590 square foot Class B medical office building, constructed in 2017, is situated on a 4.35-acre lot in the Interchange submarket of South Salt Lake, Utah. The property boasts a two-story design and offers ample parking with a ratio of 4.3 spaces per 1,000 square feet. Currently, there is 1,596 square feet of vacant space available for lease, previously used as a pharmacy. The building is configured as a single suite, making it ideal for a variety of medical practices or related businesses. Its location in Salt Lake County, at 3702 S State St, 84115, provides excellent accessibility and visibility. The property's multiple tenancy structure offers flexibility, and its modern design and ample space cater to the needs of growing medical businesses. This is a rare opportunity to secure a well-maintained, strategically located medical office space in a thriving area. The building's 2017 construction ensures modern amenities and efficient layouts. The available space presents a chance to establish or expand a medical practice in a high-demand location. Interested parties should inquire about lease terms and availability.

    Property Features for 3702 State St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,590 SF
    Class
    B
    Total Rate
    64487.5

    Building Details

    Year Built
    2017
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 115
    Size
    1,596 SF
    Rate per SF
    $15

    HighLights

    • 51,590 SF Class B medical office building built in 2017.
    • Located on a 4.35‑acre lot in South Salt Lake's Interchange submarket.
    • Offers ample parking (4.3 spaces per 1,000 SF) and 1,596 SF of vacant space (former pharmacy).
    • Single‑suite configuration ideal for various medical uses.
    • Situated at 3702 S State St, Salt Lake City, UT 84115, offering excellent accessibility and visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dave Tien, MD Nephrologist Jeff Barklow, MD Nephrologist Donald Morris, MD Nephrologist Landon E. Dickson, ... Nephrologist Wasatch Renal Center: ... Dialysis Center

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Salt Lake
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.890185
    Latitude
    40.6907168

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    FAQs

    What type of property is this?
    Medical office - Prime South Salt Lake medical office space.
    Where is this medical office located?
    The property is located at 3702 State St South Salt Lake, UT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 51,590 SF Class B medical office building built in 2017.; Located on a 4.35-acre lot in South Salt Lake's Interchange submarket.; Offers ample parking (4.3 spaces per 1,000 SF) and 1,596 SF of vacant space (former pharmacy).
    Request Owner's contact information
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    South Salt Lake, UT 84115
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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
    3702 State St South Salt Lake, UT 84115
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