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Investment Highlights

  • Rare Owner-User or Investor Optionality with In-Place Income
  • Strategic Silicon Slopes Location Within an Office Campus
  • Attractive Basis with Clear Upside Potential Through Occupancy Gains

Executive Summary

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Lone Peak Center 8 (the "Property"), a Class A multi-tenant office building positioned within Utah’s Silicon Slopes corridor. The Property offers a rare combination of existing income, immediate owner-user optionality, and future lease-up upside in one of the Wasatch Front’s most accessible office locations.
With Class A finishes, turnkey furnished suites, recently upgraded amenities, roof replacement in 2024, and excellent regional access, Lone Peak Center 8 presents a compelling opportunity to acquire a high-quality office asset at an attractive basis. This combination of stable in-place income and available space provides investors and owner-users alike with an opportunity to reposition the Property while benefiting from the continued growth of the Silicon Slopes corridor.

Attachments

Teaser

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
49,516 SF
Building Class
A
Year Built/Renovated
1998/2019
Price
$12,054,000 CAD
Price Per SF
$243.44 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
24,758 SF
Building FAR
0.30
Lot Size
3.74 AC
Zoning
CBP - Commercial Business Park
Parking
249 Spaces (5.03 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 100
  • 13,177 SF
  • Office
  • -
  • Now

Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.

  • 1st Fl-Ste 150
  • 11,154 SF
  • Office
  • Partial Build-Out
  • Now

Building exterior and monument signage available to qualified tenants. Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.

Space Size Space Use Build-Out Available
1st Fl-Ste 100 13,177 SF Office - Now
1st Fl-Ste 150 11,154 SF Office Partial Build-Out Now

1st Fl-Ste 100

Size
13,177 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 150

Size
11,154 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 100

Size 13,177 SF
Space Use Office
Build-Out -
Available Now

Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.

1st Fl-Ste 150

Size 11,154 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Building exterior and monument signage available to qualified tenants. Located within Lone Peak Center Campus, this office opportunity offers a convenient location in the southern Salt Lake Valley with excellent access to I-15 and nearby transit via Frontrunner and TRAX shuttle service. The campus features newly remodeled lobbies, abundant parking, outdoor gathering areas, fitness facilities, conference and training rooms, EV charging stations, and a variety of on-site amenities. Nearby shopping, dining, and entertainment options further enhance the location.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
27-25-227-002-0000
Land Assessment
$6,620,745 CAD
Improvements Assessment
$5,331,036 CAD
Total Assessment
$11,951,782 CAD
  • Listing ID: 42105933

  • Date on Market: 2026-09-09

  • Last Updated:

  • Address: 147 W Election Rd, Draper, UT 84020

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