Peace Coliseum | 799 W Coliseum Way
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Peace Coliseum 799 W Coliseum Way
260,000 SF 5-Star Office Building Midvale, UT 84047 For Sale
Investment Highlights
- Located just a two-minute drive from I-15 for premier accessibility.
- Everything needed to support day to day activities is located within a half mile radius of the campus.
- Office campus, strategically located in Midvale, Utah.
- The Bingham Junction TRAX station a quick walk from the campus’s southern edge, links the campus to the high-speed Front Runner system.
- The investment opportunity is paired with in-place, assumable financing that is well below current market rates.
- 249,506 Square feet of rentable office space
Executive Summary
This offering presents the unique opportunity to acquire the Overstock/ Beyond Peace Coliseum office campus, strategically located in Midvale, Utah. This one-of-a-kind campus encompasses 249,506 square feet of rentable office space, divided between the 236,586 square foot main building and a 12,920 square foot amenity building, spanning across an expansive 18.6-acre site. The campus boasts exquisite architecture combined with cutting-edge technology, top tier amenities, and 1,188 structured & surface parking stalls, setting the stage for an exceptional work environment. To put it frankly, this campus stands out as an unrivaled gem among office projects not just in Utah’s office market but across the entire Mountain West. Its exceptional qualities place it in a league of its own, outclassing any competition in the region. While no property is immune to the challenges faced by the current office environment, this campus checks all the boxes for a rare and desirable office asset primed for the next wave of office users. This asset will be sold vacant, opening doors for owner-users, investors, and others seeking to acquire the best office campus in the market.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
260,000 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2016
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
83,169 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
18.34 AC
Opportunity Zone
Yes
Zoning
BJ5-JMO - Bingham Junction - Subarea 5, Junction at Midvale Overlay
Parking
1,188 Spaces (4.76 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Fitness Center
- Fire Pits
PROPERTY TAXES
| Parcel Number | 21-26-276-007-0000 | Improvements Assessment | $40,674,300 (2023) |
| Land Assessment | $13,571,100 (2023) | Total Assessment | $54,245,400 (2023) |
PROPERTY TAXES
Parcel Number
21-26-276-007-0000
Land Assessment
$13,571,100 (2023)
Improvements Assessment
$40,674,300 (2023)
Total Assessment
$54,245,400 (2023)
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Peace Coliseum | 799 W Coliseum Way
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