856 E 12300 S 5,040 SF Office Building Draper, UT 84020 $3,234,941 CAD ($641.85 CAD/SF) 6% Cap Rate

Discover 856 E 12300 S, a fully remodeled 5,040-square-foot office building for sale in a highly visible, high-traffic corridor in the heart of Downtown Draper. This fully leased asset presents an attractive 1031 exchange opportunity. 856 E 12300 S is currently home to Helu Capital, a long-term tenant occupying the building for over four years, providing stable income. The fully remodeled condition allows investors to acquire a modern office asset with minimal near-term capital needs. Tenants benefit from multiple building amenities, including air conditioning, central heating, ample natural light, a kitchen, reception area, signage, wheelchair accessibility, and direct access to a nearby bus line.

Situated on a 0.48-acre parcel, 856 E 12300 S features 29 on-site parking spaces and benefits from exposure to over 25,000 vehicles daily. The office building is surrounded by a diverse mix of retailers and service providers, which contributes to consistent daily activity and business synergy. Proximity to Interstate 15 further enhances the location, providing convenient access throughout Salt Lake Valley, with Salt Lake City approximately 20 miles away and Provo roughly 29 miles away. Convenient access to Draper Town Center Station and Kimball Lane Station supports reliable consumer flow and commuter accessibility.

Located in a densely populated area with over 756,331 residents, 856 E 12300 S delivers access to a robust workforce, 39% of which are college-educated. The affluent consumer base generates more than $10.3 billion in annual consumer spending, with average household income exceeding $140,000.

856 E 12300 S combines stable tenancy, strategic positioning, and strong demographic fundamentals, making it an exceptional office investment opportunity in one of Utah’s most desirable and rapidly growing submarkets.