Lone Peak Center 8 — Lease in Draper, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Draper, UT 84020
  • Size: 50,176 SF
  • Year built: 1998

Description

Market Context

This office in Draper, UT is listed for lease across 50,176 SF. The building dates to 1998. 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 50,176 SF: $112,394 per month

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

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