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42 N Phoenix W
Farmington, UT 84025
Kevin Hill with Equity Real Estate (Select), original listing - (800) 785-9995
$5,400,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
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 Information
Lot Size
1 acre(s) square ft
Property Type
Other-Office
Year Built
2010
MLS Number
--
Location
Address
42 N PHOENIX W
City
Farmington
State
UT
Zip Code
84025
County
DAVIS (SOUTH)
Listing
Name
Phone
(800) 785-9995
Office Name
Office Phone
(800) 785-9995
Agent Name
Kevin Hill
Agency Phone
(800) 785-9995

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.