Active

42 N PHOENIX WAY

Farmington UT, 84025

$5,400,000/month


Active

Commercial

Built in 2010

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.

2054083

MLS ID

December 10, 2024

Listed

December 19, 2024

Updated

Map

42 N PHOENIX WAY
Farmington UT, 84025

Interior Features

Total Stories

0


Interior Features

Alarm: Fire, Alarm: Security, Kitchen, Mezzanine: Office, Refrigerator, Restroom: Public, Sprinkler System Fire, Video Door Bell(s), Video Camera(s), Smart Thermostat(s)


Appliances

Real Estate


Floor Description

Carpet, Tile, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Heat Pump, Full


Heating

Yes


Heating Description

Forced Air, Heat Pump, Natural Gas

Exterior/Building Features

Lot Size

1.31 Acres


Exterior Features

Paved Parking, Security Lighting, Storage


Roof

Rubber, Skylights

Other Property Details

Area Name

Bntfl; NSL; Cntrvl; WdX; Frmtn


Taxes

$25,994


Tax Frequency

Annually


Days on Market

157


Garage

No


Parking Total

0


View

No


County

Davis


Pool

No


Zoning

Multi-Family, Commercial, Industrial, Short Term Rental Allowed

Courtesy of Equity Real Estate (Select)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7:12 PM UTC, 12/19/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Spark Realty - Utah shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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