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    5245 Douglas Corrigan Way Salt Lake City, UT 84116

    For Lease
    $22 SF/Yr

    Executive Suites, Waterfront Location, 131,225 SF Available

    Lot size:
    131,225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Wingcrest Campus, Buildings 1 & 2, presents a unique opportunity for businesses seeking prestigious office space in Salt Lake City, Utah. This executive office complex, totaling 131,225 square feet, offers multiple tenancy options with a minimum divisible space of 47,555 square feet and a maximum contiguous space of 83,670 square feet. Currently, the entire 131,225 square feet is vacant, providing flexibility for a single large tenant or multiple smaller occupants. Located at 5245 Yeager Rd & 5202 West Douglas Corrigan Way, Salt Lake City, UT 84116, this property boasts a prime location in the Salt Lake International Center, just west of downtown, offering high visibility and convenient access to I-80. The upscale buildings feature both dock-high and on-grade loading/receiving areas, ensuring efficient logistics. Further enhancing the appeal, the campus includes a fully equipped on-site fitness facility and attractive patio areas with access to walking paths throughout the complex. The property's waterfront setting provides a unique and desirable work environment. Redundant power systems ensure business continuity. This exceptional property offers a blend of functionality, prestige, and amenity-rich surroundings, making it an ideal location for discerning businesses.

    Property Features for 5245 Douglas Corrigan Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    131,225 SF
    Total Rate
    240579.17

    Unit(s) available at that property

    Space
    5202 West Douglas Corrigan Way
    Size
    83,670 SF
    Rate per SF
    $22
    Space
    5245 West Yeager Road
    Size
    47,555 SF
    Rate per SF
    $22
    Space
    Available space
    Size
    27,890 SF
    Rate per SF
    $22
    Space
    Available space 1
    Size
    27,890 SF
    Rate per SF
    $22
    Space
    Available space 2
    Size
    27,890 SF
    Rate per SF
    $22

    HighLights

    • 5245 West Yeager Road: 47,555 RSF, two‑story building available for sublease at $22/RSF, full‑service.
    • Fully furnished with A/V.
    • Redundant power.
    • Excellent Salt Lake Valley access via I‑80, minutes from SLC airport.
    • 75% open space, 25% office; features auditorium, slide, and Class A tech buildout.
    • Walking distance to hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Auto Repair Shop Law Firm Hair Salon Nail Salon Gym & Fitness Kitchen & Bath Accounting Firm Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.0166177
    Latitude
    40.7720176

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, Waterfront Location, 131,225 SF Available
    Where is this office property / space located?
    The property is located at 5245 Douglas Corrigan Way Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 5245 West Yeager Road: 47,555 RSF, two-story building available for sublease at $22/RSF, full-service.; Fully furnished with A/V.; Redundant power.
    Request Owner's contact information
    5245 Douglas Corrigan Way Salt Lake City, UT 84116
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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
    5245 Douglas Corrigan Way Salt Lake City, UT 84116
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