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Lone Peak Center 8 147 W Election Rd 49,516 SF 52% Leased Office Building Draper, UT 84020 $8,750,000 ($176.71/SF)
Investment Highlights
- Rare Owner-User or Investor Optionality with In-Place Income
- Strategic Silicon Slopes Location Within an Office Campus
- Attractive Basis with Clear Upside Potential Through Occupancy Gains
Executive Summary
With Class A finishes, turnkey furnished suites, recently upgraded amenities, roof replacement in 2024, and excellent regional access, Lone Peak Center 8 presents a compelling opportunity to acquire a high-quality office asset at an attractive basis. This combination of stable in-place income and available space provides investors and owner-users alike with an opportunity to reposition the Property while benefiting from the continued growth of the Silicon Slopes corridor.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.
Building exterior and monument signage available to qualified tenants. Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 13,177 SF | Office | - | Now |
| 1st Fl-Ste 150 | 11,154 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 100
| Size |
| 13,177 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 150
| Size |
| 11,154 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 13,177 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.
1st Fl-Ste 150
| Size | 11,154 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Building exterior and monument signage available to qualified tenants. Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.
Property Taxes
| Parcel Number | 27-25-227-002-0000 | Improvements Assessment | $3,869,800 |
| Land Assessment | $4,806,000 | Total Assessment | $8,675,800 |
Property Taxes
