Located in the heart of Farmington, Utah, this modern and recently renovated commercial property offers an exceptional opportunity for businesses seeking a premium office space in a prime location. The property is within walking distance of Station Park, one of Utah's premier retail and dining destinations, and the Frontrunner train station, providing seamless access to major transit hubs and regional connectivity. It's also conveniently situated near walking and bike trails, creating an ideal work environment that balances productivity with lifestyle amenities. This 1.314-acre property, built in 2010, features a rentable space of 17,456 square feet. Designed with contemporary businesses in mind, the interior includes 16 private offices, 4 conference rooms, 5 break-out offices, 6 large workspaces, and 2 break rooms, all complemented by an open-concept industrial design. The building offers stunning mountain views and direct proximity to the Farmington Creek greenbelt, providing an inspiring work atmosphere. The building is classified as Class B and constructed with durable masonry materials, ensuring quality and longevity. Additionally, the property includes ample parking with 76+ stalls and a building-to-land ratio of 30%. Technology companies and modern businesses will appreciate the robust infrastructure, featuring high-speed fiber up to 10 Gbps/10 Gbps, ensuring uninterrupted connectivity. Security is a top priority, with secured access via door fobs and advanced building automation systems in place to enhance convenience, safety and efficiency. Strategically positioned for maximum exposure, the property boasts approximately 180 feet of frontage on Phoenix Way, 325 feet on State Street, and 240 feet on Legacy Parkway. The high traffic counts in the area, with an estimated 188,500 annual average daily traffic (AADT), make this an excellent choice for businesses seeking visibility and accessibility. The surrounding area is rich in amenities, with over 45 restaurants, two hotels, and two grocery stores located nearby. Employees will enjoy walking distance access to Station Park's dining and retail options, as well as nearby public transportation, including bus stops and the FrontRunner train station. The property also provides direct access to multiple walking and biking trails, enhancing its appeal to businesses that prioritize employee wellness. Accessibility is another key advantage of this property. It is conveniently connected to major highways, including I-15, Legacy Parkway (UT-67), Hwy-89, and the West Davis Corridor (UT-177). Salt Lake City International Airport and Downtown Salt Lake City are just 20 minutes away, and Ogden is only a 25-minute drive. The proximity to the new North Farmington Station development, a 317-acre mixed-use project, further enhances the property's appeal as an investment in a rapidly growing area. This property is zoned TMU (Transit Mixed Use), allowing for diverse applications, including office, retail, and multi-family use, making it a versatile choice for investors or business owners. Its modern amenities, strategic location, and adaptable zoning make it ideal for corporate headquarters, co-working spaces, or mixed-use developments. Don't miss this opportunity to secure a high-quality, well-connected commercial property in one of Utah's most dynamic areas. Contact us today to schedule a private tour and discover the full potential of this exceptional listing.

Property Features

Office Features

Other Features

• Accessibility: Disabled Restroom; Elevator: Passenger; Fully Accessible; Ground Level; Modified Kitchen; No-Step Entry; Wheelchair Access
• Air Conditioning: Central Air; Gas; Full; Heat Pump
• Const. / Cond.: Block
• Water: Connected
• Visibility: Freeway Visible; Road Traffic; Traffic Count Available
• Floors: Carpet; Tile; Concrete
• Exterior: Paved Parking; Security Lighting; Storage Yard
• Heating: Forced Air; Gas: Natural; Heat Pump
• Inclusions: Fixtures; Real Estate
• Exclusions: Furniture
• Interior: Alarm: Fire; Alarm: Security; Kitchen; Mezzanine: Office; Refrigerator; Restroom: Public; Sprinkler System Fire; Video Door Bell(s); Video Camera(s); Smart Thermostat(s)
• Roads: Asphalt; Bus Service; Commuter Rail; Concrete; Curb& Gutter; Sidewalk
• Sewer: Connected; Public
• Land Condition: Corner Lot; Creek(s); Landscaping: Full; Mature Trees; Paved; Sprinkler: Auto-Full; Terrain: Flat; Trees; View: Mountain
• Roof: Rubber (EPDM); Skylights
• Site: Owner Occupied; Tenant Occupied
• Zoning: Multi-Family; Commercial; Industrial; Short Term Rental Allowed
• Telcom: Artificial Ceiling; Fiber; Server Room
• Terms: Cash; Commercial Fin. Req.; Conventional; Exchange; SBA
• Utilities: 120/240 V 1 Phase; 240 V 3 Phase; Gas: Natural
• Windows: Part

Investment

• Net Operating Income (NOI): $418,934
• Expenses: $43,779
• Cap Rate (NOI/Price): 7.8 %

Parking

• Number of stalls: 76
• Uncovered: 76
• Ratio / 1,000 Sq. Ft.: 5
• Stalls / Month$: 76 /

Power

• 3 Phase

Property Size

Schools

Designated Schools

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Nearby Schools

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