
Nielsen Industrial | For Sublease
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Medium ConfidenceEstimated from market cap rate (5.2%), property tax rate (0.01%), and wage-adjusted baseline.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $0.72/SF/mo | — | tax_cap_reverse |
| Utilities | — | 4.6¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1485/wk | BLS QCEW |
Source Provenance (3)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Market Reports | cap_rate | — | — | quarterly | — |
| API Ninjas | property_tax | — | — | annual | — |
| BLS QCEW | wage_index | — | — | quarterly | — |
Description
- •Industrial | For Sublease: 4,294 SF This rare opportunity boasts a centralized location, close in proximity to the freeway, countless amenities, and The Salt Lake International Airport.
- •4,294 square feet of Draper Flex Space avail Key Facts
- •Lease Rate: $9.50 Per Sq. Ft. / Modified Gross Andrew Whitworth Senior Associate Salt Lake City - Millrock License #: 11794882-SA00 +1 801 453 6838 Call Now +1 801 453 6838 License #: 11794882-SA00
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q4 2025, the Salt Lake City industrial market showed rents up 5.6% year over year. Source: multiple brokerages Q4 2025 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 5.3%, asking rent held flat).
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Compare it against other industrial listings for lease in Draper, UT to benchmark pricing and space — view the full market.
Unified Estimate
Medium ConfidenceCost-of-business estimate only; rate estimator unavailable.
Lease Rate & Market Trend
Market report quarterly trend fallback
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: industrial in Draper, UT















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