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Parkway Crossing 13894 S Bangerter Pky 24,492 SF 100% Leased Office Building Draper, UT 84020 $6,900,000 ($281.72/SF)
Investment Highlights
- Great Owner User Opportunity
- Lease Option Available at $26/SF FSG
- Ideal South Valley location in a high growth market for office, retail and housing
- NOI on 2nd Floor $284,562
Executive Summary
• Great owner user opportunity (12,053 Vacant SF)
» 7,649 SF available immediately (Suite 100)
» 4,404 SF available May 1st (Suite 150)
• Extra income from 2nd floor tenant
• 2nd floor 100% leased
• Tenant is a publicly traded company: Regus
(NASDAQ: IWGFF)
• Average annual operating expense $9.00/SF
» 7,649 SF available immediately (Suite 100)
» 4,404 SF available May 1st (Suite 150)
• Extra income from 2nd floor tenant
• 2nd floor 100% leased
• Tenant is a publicly traded company: Regus
(NASDAQ: IWGFF)
• Average annual operating expense $9.00/SF
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,492 SF
Building Class
B
Year Built
2017
Price
$6,900,000
Price Per SF
$281.72
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,246 SF
Building FAR
0.38
Lot Size
1.49 AC
Zoning
C - Commercial
Parking
93 Spaces (4.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 34-06-326-022-0000 | Improvements Assessment | $3,667,100 |
| Land Assessment | $1,825,500 | Total Assessment | $5,492,600 |
Property Taxes
Parcel Number
34-06-326-022-0000
Land Assessment
$1,825,500
Improvements Assessment
$3,667,100
Total Assessment
$5,492,600
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Parkway Crossing | 13894 S Bangerter Pky
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