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4252 South Highland Drive

Off-Market

4252 South Highland Drive, Salt Lake City, UT 84124

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  • Property Type Office - General Office
  • Property Size 33,458 Sqft
  • Lot Size 1.2 Acre
  • Parking Spaces Avail. 73
  • Parking Ratio 2.20/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2001

Location

  • City Salt Lake City, UT
  • Neighborhood Millcreek
  • Zip Code 84124
  • Market Salt Lake City

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Salt Lake City

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Salt Lake City Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.30
  • 2020 Office Vacancy Rate 11.97%
  • 2020 Office Completions (Sqft) 141,374

Salt Lake City Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $122.31
  • Y-o-Y Avg. PpSF Change -27.17%
  • 2020 Office Sales Volume $54.4M
  • 2020 Number of Transactions 6
View more Salt Lake City market trends

Tax

  • Property Tax in 2021 $696
  • Market Value $4,867,400
  • Assessed Value $4,867,400

Find more tax info, including assessment history and abatements, on CommercialEdge

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