Draper Office for Sale
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 and is currently home to Helu Capital, a long-term tenant occupying the building for over 4 years, providing stable income. The fully remodeled condition allows investors to acquire a modern office asset with minimal near-term capital needs. Tenant benefits 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 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 approximately 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 and access to a workforce of which 39% 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.