14203 Minuteman DrDraper, UT 84020

Property Details for 14203 Minuteman Dr

Year built

2008

Construction

CONCRETE

Lot size

0.98 AC

Property size (Sq ft)

18,340 SF

Zone code

CO2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

34-06-351-027

APU

3406351027

Description

This exceptional Class A office space at the Indigo Tech Center presents a rare leasing opportunity. Located in Salt Lake County, this property boasts three buildings with two stories each, offering a total of two available suites. The minimum divisible space is 5,354 square feet, ideal for businesses seeking substantial office accommodations. The building features elevators for convenient access to all floors. Suite 200, one of the available spaces, offers 5,354 rentable square feet at a full-service rate of $23.50 per square foot. The property's strategic location ensures easy access for employees and clients from both Salt Lake and Utah County. Ample parking is provided, with a generous ratio of 5.00 spaces per 1,000 square feet, ensuring convenient parking for tenants and visitors. The Indigo Tech Center is a perfect location for businesses seeking a modern, efficient, and well-located office space. The building's traditional and creative office subtypes cater to a wide range of business needs. This is a multiple tenancy building, offering flexibility for various business sizes and configurations. Don't miss this chance to secure your business's future in this highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,008,012

  6.5%

  $5,545,858

  7%

  $5,149,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,695,350

  Geo Method

  $5,695,350

• Alternative Use

  Use

  Valuation

  Residential

  $5,545,858

  Hospitality

  $5,079,976

  Educational

  $4,226,480

  Medical

  $4,371,835

  Retail

  $6,574,524

Location Insight

City

Draper

County

Salt Lake

State

Utah

Latitude

40.4932

Longitude

-111.89

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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