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Rail Central 1790 Bonanza Dr 36,911 SF 94% Leased 4-Star Office Building Park City, UT 84060 $19,500,000 ($528.30/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Triple net leases
  • Long term tenants
  • Well maintained

EXECUTIVE SUMMARY

Rail Central is a unique multi-tenant office/retail property strategically positioned in the heart of Park City, Utah. This offering provides investors a rare opportunity to acquire a stabilized asset in a high barrier-to-entry market, supported by a diverse roster of established local and national tenants, excellent demographics, and immediate connectivity to robust year-round tourism.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
36,911 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2004
Price
$19,500,000
Price Per SF
$528.30
Cap Rate
5%
NOI
$975,000
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,456 SF
Building FAR
0.46
Lot Size
1.85 AC
Zoning
General Commercial - General Commercial https://parkcity.municipalcodeonline.com/book?type=ordinances#name=15-2.18_General_Commercial_(GC)_District
Parking
125 Spaces (3.39 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

You want a skilled partner at your side during life’s most stressful experiences. The team consists of experts at navigating Utah’s legal system, and each team member has specialized experience helping Utahns avoid the courtroom. When that’s not possible, a personalized strategy is taken to ensure the best outcome for your case. Let the team carry the legal burden while you focus on work, family, and your emotional well-being. CFG serves northern Utah, including the Salt Lake City area, Tooele, Park City and Heber. Initial consultations are often free, and it’s the first step to preserving your peace of mind and freedom.

  • Construction
  • -
  • -
  • -
  • -

Elevated Builders is a custom residential home building firm operating in Park City, Utah. Founded in 2014, the firm has deep roots to the community that stretch far beyond its young history, allowing it to realize many of the same benefits more seasoned homebuilders enjoy after decades of experience. In its first 5 years of operation, Elevated Builders has completed +$40MM in Single Family New Home Construction and Renovations.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Modified Gross
  • -

At Real Advantage Title is committed to creating a positive customer experience. They take great pride in their expert staff, level of service, and branch ambiance. Their many locations allow them to service, search, and close all across Utah. As a part of Orange Coast Title’s Family of Companies, they have the strength and support of a national company while maintaining the autonomy to operate locally both swiftly and effectively. They strive to ensure that your and your customer’s experience is nothing less than outstanding. The sole purpose of title insurance is to protect a future homeowner’s property rights should any disputes or questions arise regarding the property.

  • The Leaf Partners LLC
  • Services
  • -
  • $26.19
  • Single Net
  • Dec 2025
  • Finance and Insurance
  • -
  • -
  • -
  • -

Since the Lincoln administration signed their national bank charter No. 24 in 1863, they’ve drawn on their financial strength to serve customers. This has been especially evident in times of need, such as during the COVID-19 pandemic. Their response by the end of 2020 included a $20 million premium pay program for their employees, relief assistance and 108,000 Small Business Administration Paycheck Protection Program (PPP) loans for their customers, and $30 million in expedited charitable contributions for their communities. As a result, they’re proud to have been named the most essential bank amid the pandemic in a ranking by The Harris Poll. They also recognize that this past year has fundamentally changed banking by accelerating the shift to digital products and services. They’re positioned well for this future, having launched new tools – like the U.S. Bank Smart Assistant™ – to complement their 26-state branch footprint.

  • Retailer
  • -
  • -
  • -
  • Sep 2010

Located in the heart of Park City, Utah, White Pine Touring is an outdoor retailer specializing in mountain biking, backcountry skiing, cross country skiing, snowshoeing, and rock climbing. They rent top-of-the line equipment and offer guided mountain biking, road biking, hiking, and rock climbing as well as lessons throughout Park City’s 450 miles of trails and the neighboring Uinta Mountains. They also groom over 20 kilometers of Nordic trails for classic and skate skiing in the winter. Since 1972, White Pine Touring has been Park City’s ticket into the outdoors, providing incredible mountain experiences for visitors and locals alike.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services - - - -
Construction - - - -
Professional, Scientific, and Technical Services - - Modified Gross -
The Leaf Partners LLC Services - $26.19 Single Net Dec 2025
Finance and Insurance - - - -
Retailer - - - Sep 2010

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor
  • 2,218 SF
  • Office
  • Full Build-Out
  • Now

Suite 275 in Rail Central is 2,218 sq.ft. and is located on the second floor with elevator access. Features include five private offices, three common area offices, a filing room, kitchenette, conference room and a large balcony with resort views. There are two common area restrooms, one located on the second-floor hallway and the other on the first-floor lobby of the building. Rail Central is conveniently located on Bonanza Drive adjacent to the Rail Trail. This is a great location to office in the middle of town within walking distance to numerous restaurants

Space Size Space Use Condition Available
2nd Floor 2,218 SF Office Full Build-Out Now

2nd Floor

Size
2,218 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 2,218 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 275 in Rail Central is 2,218 sq.ft. and is located on the second floor with elevator access. Features include five private offices, three common area offices, a filing room, kitchenette, conference room and a large balcony with resort views. There are two common area restrooms, one located on the second-floor hallway and the other on the first-floor lobby of the building. Rail Central is conveniently located on Bonanza Drive adjacent to the Rail Trail. This is a great location to office in the middle of town within walking distance to numerous restaurants

Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CCOM-A
Land Assessment
$1,772,892
Improvements Assessment
$10,766,176
Total Assessment
$12,539,068
  • Listing ID: 37625684

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 1790 Bonanza Dr, Park City, UT 84060

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