5-8-856 E 12300 S, Draper, UT

Name: 5-8 - 856 E 12300 S, For Sale in Draper - eXp Realty
Brand: Pendleton Real Estate LLC
SKU: 2173446
Price: 2352000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,352,000

000

MLS® 2173446

Key Facts
Description
Map

Key Facts

Type Office

Levels Commercial Sale

Size -

Garage

Taxes $14,475

Days Active 3

Lot Size 0.48 Acres

Approx. Age 1996

MLS® Number 2173446

Property Address: 5-8-856 E 12300 S, Draper, UT, 84020-8277

Average square foot calculated using Size range provided by listing agent.

Description

Discover 856 E 12300 S, a fully remodeled 5, 040-square-foot office building located in a highly visible, high-traffic corridor in the heart of Downtown Draper. Offered at a 6.00% cap rate, this fully leased investment presents an excellent opportunity for investors seeking stable cash flow or a 1031 exchange property. The property is 100% leased to Headwaters Construction under a long-term triple-net (NNN) lease, providing predictable income with minimal landlord responsibilities. The building features 15 private offices, two conference rooms, two upgraded kitchens/break rooms, two restrooms, a welcoming reception area, and two large open areas ideal for cubicles, collaborative workstations, or team gathering spaces. Having undergone a complete renovation, the property offers a modern office environment with minimal anticipated near-term capital expenditures. Additional amenities include air conditioning, central heating, abundant natural light, monument signage, wheelchair accessibility, and convenient access to nearby public transit. Situated on a 0.48-acre parcel, the property includes 29 on-site parking spaces and enjoys exposure to more than 25, 000 vehicles per day. The surrounding area features a strong mix of national and local retailers, restaurants, and professional service providers, creating a vibrant business environment. Immediate access to Interstate 15 provides convenient connectivity throughout the Salt Lake Valley, with Salt Lake City approximately 20 miles north and Provo approximately 29 miles south. The property is also located near both Draper Town Center Station and Kimball Lane Station, enhancing commuter accessibility. The surrounding trade area is home to more than 756, 000 residents, with approximately 39% holding a college degree. Average household incomes exceed $140, 000, and the market generates more than $10.3 billion in annual consumer spending, supporting long-term office demand in one of Utah's strongest demographic markets. 856 E 12300 S offers investors the rare combination of a long-term NNN lease, stable cash flow, 6.00% cap rate, a highly functional office layout, and an exceptional Draper location, making it a premier office investment opportunity in one of the Wasatch Front's fastest-growing commercial corridors.

MLS® Number2173446

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1996

Basement

DrivewayPaved Parking

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 22, 2026List Date

$2,352,000List Price

Commute

Commute

Starting Address

Destination Address

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