Draper Innovation Center Building B — Lease in Draper, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Draper, UT 84020
  • Size: 36,934 SF
  • Year built: 2022

Description

Market Context

This office in Draper, UT is listed for lease across 36,934 SF. The building dates to 2022. It has been on the market for 113 days. Compare it against other office listings for lease in Draper, UT — view the full market.

As of Q3 2025, the Salt Lake City office market showed average asking rents near $26.82/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q3 2025.

Office market FAQ

What is the typical cap rate for office in Salt Lake City?
About 6.6% as of Q3 2025, per multiple brokerage reports.

Estimated Market Rate

$1.90/SF/mo – $2.57/SF/mo

Mid: $2.24/SF/mo

Estimated total for 36,934 SF: $82,732 per month

Rate estimator only; cost-of-business estimate unavailable.

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