2319 Foothill DrSalt Lake City, UT 84109

Property Details for 2319 Foothill Dr

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.65 AC

Property size (Sq ft)

23,104 SF

Zone code

RO

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

16-23-153-002

APU

1623153002

Description

The Lefavi Financial Center, located at 2319 Foothill Dr, Salt Lake City, UT 84109, offers a unique opportunity to lease creative office space. This two-building complex provides a total of 22,349 square feet of versatile office space, perfect for businesses seeking flexible layouts. Multiple tenancy options are available, with suites ranging from a minimum of 1,053 square feet to a maximum contiguous space of 3,333 square feet. This allows for businesses of various sizes to find a suitable workspace within the center. The property boasts ample parking, with a total of 1,000 spaces available, ensuring convenient access for employees and clients. The location in Salt Lake City provides easy access to major transportation routes and amenities. The building's creative office design caters to modern business needs, offering a dynamic and inspiring work environment. The address is conveniently located at 2319 Foothill Dr, Salt Lake City, Utah. Inquire today to explore the available office suites and find the perfect space for your business. The property offers a blend of functionality and style, making it an ideal location for creative and innovative companies. The available parking ratio is approximately 4 spaces per 1000 square feet of rentable space.

• CAP approach

  CAP return

  Valuation

  6%

  $7,568,332

  6.5%

  $6,986,152

  7%

  $6,487,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,174,774

  Geo Method

  $7,174,774

• Alternative Use

  Use

  Valuation

  Residential

  $6,986,152

  Hospitality

  $6,399,278

  Educational

  $5,324,124

  Medical

  $5,507,229

  Retail

  $8,281,971

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7211

Longitude

-111.81

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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