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#39 4554 Forestdale Dr 43,200 SF 94% Leased Flex Building Park City, UT 84098 $3,340,967 CAD ($77.34 CAD/SF) 5% Cap Rate



Investment Highlights
- Trophy Investment Opportunity - Leaseback Above Market Rates
Executive Summary
Experience one of the finest finished flex space opportunities within the development at 4554 N Forestdale Drive #F39. Originally designed and built by renowned Park City interior design firm Alder & Tweed Interior Design, this 3,600 SF luxury flex unit blends warehouse functionality with elevated showroom quality finishes rarely seen in today’s market.
What truly separates this opportunity from the competition is the Seller’s willingness to execute a leaseback above current comparable lease rates, creating an investor focused opportunity with projected cap rates exceeding 5%. For buyers seeking immediate cash flow combined with long term appreciation potential, this offering checks all the boxes.
The main level features a 14 ft oversized garage door, warehouse/storage space, finished offices, a designer bathroom, and an impressive conference room ideal for client meetings and team collaboration. Upstairs is a true showpiece with luxury showroom level finishes currently utilized as executive office space. The upper level includes a statement kitchen with top tier appliances and custom finishes, three large office/bedroom spaces, and two private rooms ideal for confidential meetings, podcasts, calls, or executive workspaces.
A significant portion of the property’s value is tied directly to the extensive custom built ins and high end improvements installed by Alder & Tweed, creating a level of finish and functionality that would be extremely costly to replicate today.
Ideal for investors, business owners, creative firms, automotive enthusiasts, or buyers seeking a premium work/live style environment in the Park City market.
What truly separates this opportunity from the competition is the Seller’s willingness to execute a leaseback above current comparable lease rates, creating an investor focused opportunity with projected cap rates exceeding 5%. For buyers seeking immediate cash flow combined with long term appreciation potential, this offering checks all the boxes.
The main level features a 14 ft oversized garage door, warehouse/storage space, finished offices, a designer bathroom, and an impressive conference room ideal for client meetings and team collaboration. Upstairs is a true showpiece with luxury showroom level finishes currently utilized as executive office space. The upper level includes a statement kitchen with top tier appliances and custom finishes, three large office/bedroom spaces, and two private rooms ideal for confidential meetings, podcasts, calls, or executive workspaces.
A significant portion of the property’s value is tied directly to the extensive custom built ins and high end improvements installed by Alder & Tweed, creating a level of finish and functionality that would be extremely costly to replicate today.
Ideal for investors, business owners, creative firms, automotive enthusiasts, or buyers seeking a premium work/live style environment in the Park City market.
Property Facts
Amenities
- Signage
- Storage Space
- Air Conditioning
- Breakroom
Utilities
- Lighting - LED
- Gas - Natural
- Water
- Sewer
- Heating - Electric
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kupferschmidt Electrical Svc
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kupferschmidt Electrical Svc | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl - 37
- 350-1,200 SF
- Flex
- -
- Now
- 3rd Floor
- 1,500 SF
- Flex
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl - 37 | 350-1,200 SF | Flex | - | Now |
| 3rd Floor | 1,500 SF | Flex | - | Now |
2nd Fl - 37
| Size |
| 350-1,200 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 1,500 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $16,629,360 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $16,629,360 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$16,629,360 CAD
Total Assessment
$16,629,360 CAD
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#39 | 4554 Forestdale Dr
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