The Highland Square Center | Salt Lake City, UT

3642 South Highland Drive, Salt Lake City, UT 84106

Description

This mixed use property consists of 31,328 sq. ft. of office, retail, showroom and open office space. Vacant space is ideal for a corporate office or office with retail business. There is also a small warehouse area for storage or R/D. The second floor/main floor anchor space is ideal for an office owner/user of between 12,000 and 17,000 sf. Current rent, with the owner and its related companies removed (18,701 sq. ft. for an owner user). Current income with 18,000 sf vacant for owner occupant is in excess of $140,000, NNN

Located along Highland Drive's 'Golden Mile' and among some of the highest demographics in the Salt Lake Valley, this specialty retail/showroom/office property was recently renovated by the current owner/occupant. and is just minutes from other retail areas, such as Sugarhouse, Brickyard Center, and Howard Hughes Corporations, Newest development, The Cottonwoods.

Highland Square Center

Retail Property

Price: $

Building Size: 31,328 SF

Price/SF: $

Property Type: Office

Property Sub-type: Office-Business Park

Additional Sub-types: Office Building

Property Use Type: Vacant/Owner-User

Commission Split: 

No. Stories: 2

Building Class: B

Lot Size: 2.39 AC

Parking Ratio: 4.20 / 1,000 SF

Additional Information

NOI of $253,000 at current 100% occupancy - upside available

owner user space potential from 12,000 to 17,000 sf

2006 renovation, new parking surface, copper roofed elements.

built in 1985 but renovated in 2006