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    13894 Bangerter Pkwy 200, Draper, UT 84020

    25,200 SF 1.5 ac lot Built 2017
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US86-0663584
    Property summary
    AI-generated overview

    This Class A office building, located at 13894 S. Bangerter Parkway Suite 200, Draper, UT 84020, offers 12,439 square feet of premium workspace. The building features a variety of office solutions, including executive suites, coworking spaces, and creative office layouts, catering to diverse business needs. With 350 total suites and currently 5,970 square feet of vacant space, there are numerous options available, ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet. The building underwent renovations in 2019 and includes elevators for convenient access. Situated in Salt Lake County, this location provides excellent access to I-15, facilitating easy commutes to Salt Lake City (approximately 20 minutes away) and other neighboring cities. The property's convenient location is also within two miles of shopping, dining, and fitness options at Draper Peaks and Draper Crossing shopping centers, featuring retailers like Kohl's and restaurants such as Corner Bakery and Applebee's. This thriving business center is ideal for companies seeking a strong local presence in Draper's affluent community, known for its concentration of innovative companies in data processing, vision, and technology. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2017
    Total area 25,200 SF
    Lot 1.5 ac (65,340 SF)
    Zoning code CC
    APN 34-06-326-022
    UPID US86-0663584
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tier 1 Roadside Assistance Auto Repair Shop
    • routespro (Bike/Boat/Book/etc) Store Corporate Office
    • Farmers Insurance - Selena Bateman Insurance Agency
    • The DeLuca Agency Insurance Agency
    • RpCapital Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.79M
    Blend (final) Blend
    $3.16M
    Owner & transaction history
    Parkway West LLC · 8 yrs held
    Parkway West LLC
    since 2018
    5 recorded transactions
    2020
    2018
    2016
    2016
    2016
    Zoning & alternative use
    CC · Draper, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.8M +4.7%
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    More about this property
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