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11990 S 700 E
Draper, UT 84020
Quinn Court · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Draper has a very high-income population.
- Offers the best quality of construction - genuine limestone, LG HVAC system throughout with indepentantly controlled thermostats in each office.
- Located within the Silicon Slope area of Salt Lake Metro.
EXECUTIVE SUMMARY
Completed in 2022, 100% lease since completion.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
24,300 SF
Building Class
B
Year Built
2022
Price
$8,500,000
Price Per SF
$349.79
Cap Rate
5.30%
NOI
$450,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,150 SF
Building FAR
0.28
Lot Size
2.01 AC
Zoning
Office - Office Zoning
Parking
108 Spaces (4.44 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 28-29-103-040-0000 | Improvements Assessment | $0 |
| Land Assessment | $894,000 | Total Assessment | $894,000 |
PROPERTY TAXES
Parcel Number
28-29-103-040-0000
Land Assessment
$894,000
Improvements Assessment
$0
Total Assessment
$894,000
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