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Property summary
The property consists of office space in downtown Salt Lake City, offering a total of 33,578 square feet and designed for a tenant footprint that can range from approximately 2,500 to 85,037 square feet. The office level has been renovated and is complemented by a full-service gym located on the lower level. Covered parking is provided in an on-site structure with 239 parking stalls. The site is located within a designated opportunity zone and is positioned near major public transportation options, including UTA bus stops, TRAX Light Rail, Green Bike, and the FrontRunner train. It is across the street from the Salt Lake Convention Center and the Hyatt Regency Convention Hotel, with walkable access to City Creek Mall, Vivint Smart Home Arena, The Gallivan Center, and amenities of the Central Business District.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-1 · Salt Lake City, UTThe purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-1 in Salt Lake City, UT.
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Find the owner behind the property.
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