345 Bearcat DrSouth Salt Lake, UT 84115

Property Details for 345 Bearcat Dr

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.86 AC

Property size (Sq ft)

10,988 SF

Zone code

DT

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

15-24-177-009

APU

1524177009

Description

Time Square 6, located in Salt Lake County, offers 4,212 square feet of immediately available Class C executive office space for lease. This multi-tenant building totals 12,060 square feet, providing ample room for various business needs. The available space presents a unique opportunity for businesses seeking a modern and functional workspace. The property's classification as Class C reflects its competitive pricing and practical amenities, making it an attractive option for cost-conscious companies. The building's layout is designed to accommodate multiple tenants, fostering a collaborative and dynamic environment. This executive office suite is perfect for businesses seeking a professional image without the high costs associated with Class A or B properties. The 4,212 square feet of vacant space offers significant flexibility in terms of layout and design, allowing tenants to customize their workspace to meet their specific requirements. This is an excellent opportunity to secure a well-located, functional office space in a thriving area of Salt Lake County. Interested parties are encouraged to inquire promptly to secure this desirable property. The building's size and layout offer a balance between privacy and community, making it ideal for a range of businesses. The available space is ready for immediate occupancy, minimizing downtime and allowing for a quick and efficient transition.

• CAP approach

  CAP return

  Valuation

  6%

  $3,599,415

  6.5%

  $3,322,537

  7%

  $3,085,213

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,412,241

  Geo Method

  $3,412,241

• Alternative Use

  Use

  Valuation

  Residential

  $3,322,537

  Hospitality

  $3,043,426

  Educational

  $2,532,095

  Medical

  $2,619,178

  Retail

  $3,938,814

Location Insight

City

South Salt Lake

County

Salt Lake

State

Utah

Latitude

40.7191

Longitude

-111.901

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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