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2525 Lake Park Blvd

125,130 SF 100% Leased Office Building Salt Lake City, UT 84120 $18,000,000 ($144/SF)

Investment Highlights

  • 125,130 RSF Available for sale or lease.
  • Easy access to Salt Lake International Airport, SR-201 Freeway, Bangerter Hwy, and Mountain View Corridor
  • Multiple on-site hotels and 22 restaurants within minutes
  • Fitness Center, cafeteria, outdoor gathering area, lakeside walking path with views of golf course and mountains
  • Part of the master planned Lake Park Corporate Center

Executive Summary

This premier four star office building is a 3 story structure comprising 125,130 RSF that was built in 2000. It is situated in the prestigious Lake Park Corporate Center with professional landscaping, and gorgeous views of the golf course, lakes, and mountains. Onsite building amenities include a cafeteria, fitness center, a lakeside walking path, and an outside gathering patio. Its location provides quick access to the Salt Lake International Airport, hotels, restaurants, and all major highways via Bangerter Hwy. The property is currently vacant and was originally set up for a single occupant but could becomes a multi-tenant facility. It is also available for lease at $15.00 /SF/YR NNN.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
125,130 SF
Building Class
A
Year Built
2000
Price
$18,000,000
Price Per SF
$144
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
41,710 SF
Slab To Slab
14’
Building FAR
0.35
Lot Size
8.22 AC
Opportunity Zone
Yes
Zoning
M - Business Office Park
Parking
240 Spaces (1.92 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Courtyard
  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-19-426-007-0000
Land Assessment
$3,222,600
Improvements Assessment
$18,417,200
Total Assessment
$21,639,800
  • Listing ID: 28978952

  • Date on Market: 5/10/2021

  • Last Updated:

  • Address: 2525 Lake Park Blvd, Salt Lake City, UT 84120

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