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    75 Towne Ridge Pkwy Sandy, UT 84070

    For Lease
    $29 SF/Yr

    Sandy, Utah Executive Office Space Available

    Lot size:
    125,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Towne Ridge Center II, located at 75 W Towne Ridge Pkwy, Sandy, UT 84070, offers exceptional executive office space within Salt Lake City's "Silicon Slopes." This Class A property comprises two recently constructed, five-story office towers totaling 125,000 square feet, situated on a 3.03-acre lot in the Sandy South Towne submarket of Salt Lake County. The modern design features large floor plates and stunning mountain views. Currently, there are two suites available, offering flexible space options ranging from a minimum of 6,867 square feet to a maximum contiguous space of 8,549 square feet. A total of 15,416 square feet is currently vacant. The property provides ample garage and surface parking for tenants and visitors. This prime location offers easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a prestigious and functional workspace. The building's modern design and amenities, combined with its strategic location, make Towne Ridge Center II a highly desirable option for discerning businesses.

    Property Features for 75 Towne Ridge Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    125,000 SF
    Class
    A
    Total Rate
    302083.33

    Building Details

    Stories
    5

    Unit(s) available at that property

    Space
    Suite 201
    Size
    8,549 SF
    Rate per SF
    $29
    Space
    Suite 100
    Size
    6,867 SF
    Rate per SF
    $29

    HighLights

    • 250,000 square foot campus.
    • Ready for occupancy.
    • Generous tenant improvement allowances.
    • Abundant structured parking.
    • Dramatic atrium lobbies with connective entrances.
    • Majority structured parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SecurityNational Mortgage Company Mortgage Lender Climbing Healthcare Health Insurance Agency Stratus.hr Insurance Agency Net Worth Advisory ... Financial Planner ChargePoint Charging Station Electric Vehicle Charging Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.893209
    Latitude
    40.574631

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    FAQs

    What type of property is this?
    Office space - Sandy, Utah Executive Office Space Available
    Where is this office space located?
    The property is located at 75 Towne Ridge Pkwy Sandy, UT.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 250,000 square foot campus.; Ready for occupancy.; Generous tenant improvement allowances.
    Request Owner's contact information
    75 Towne Ridge Pkwy Sandy, UT 84070
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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
    75 Towne Ridge Pkwy Sandy, UT 84070
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