
Draper Corporate Park - Building 3
12159 S Business Park Dr
Draper, UT, 84020
Please contact us for price
- Space Available for lease2,861 - 9,453 SF
- Space Available for sale65,268 SF
- Description
- Location
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PROPERTY
The buildings offer functional, flexible layouts suitable for a range of office users, with strong curb appeal and 3.0/1,000 SF parking. The configuration provides optionality for both multi-tenant leasing strategies or potential owner-user scenarios.
OFFICE MARKET FUNDAMENTALS
LOCATION
ACCESSIBILITY & SURROUNDING AMENITIES
The Property offers immediate access to Interstate 15 and Bangerter Highway, providing seamless connectivity throughout the Salt Lake Valley. The surrounding area features a strong amenity base including retail centers, restaurants, and service-oriented businesses that support tenant demand and employee convenience. Nearby national and regional tenants further enhance the location’s appeal as a business destination.
OWNER-USER MARK TO MARKET OPPORTUNITY
Both buildings present significant mark-to-market opportunity driven by current vacancy available for immediate lease-up at prevailing market rates and a substantial portion of in-place leases rolling below-market, positioning for meaningful NOI growth upon stabilization. The flexible occupancy structure creates an attractive entry point for owner-users to occupy a portion of the property while benefiting from income and appreciation potential through leasing the remaining space at current market rates.

