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    Modern Office Space Available Title is generated by Realmo AI

    3742 W 2150 N St, Lehi, UT

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    New build office space for sale near I-15.

    Type:OFFICE
    Property size:
    3,571 SF
    Lot size:
    10.89 Acres
    Price / SF:
    $221/SF
    Added:
    Mar 26, 2025
    Days on Market:
    447
    Last Refresh:
    May 19 at 9:42 pm

    Property Features for 3742 W 2150 N St

    General Information

    Standard status
    Active
    Size
    3,571 SF
    Lot size
    10.89 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Kreg Peterson

    Listing agent Kreg Peterson License #UT 5483446-SA00

    Listing office CBRE | Salt Lake City

    Listing date Mar 26, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Salt Lake City

    HighLights

    • Modern, state of the art new builds
    • Build to suit offices
    • Two full floors available in Building B
    • Conveniently located just 1 mile from I‑15
    • Join existing tenants including Peak ENT, The Lounge Spa, Alpine Pediatrics, and Vital Care
    • Digital street signage option

    Overview

    Office spaces are available on the second and third floors of a modern, state-of-the-art new build. Located approximately 1 mile from I-15, the building offers a build-to-suit office option and the potential for digital street signage. Building B has two full floors available. Existing tenants include Peak ENT, The Lounge Spa, Alpine Pediatrics, and Vital Care. The property provides an opportunity to join a diverse mix of established businesses in a convenient location.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $85.7k $24.00
    − Vacancy −$18.9k −$5.28
    EGI $66.8k $18.72
    − OpEx −$16.7k −$4.68
    NOI $50.1k $14.04
    3,571 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $716.2K
    $626.7K – $835.6K (±1% cap)
    NOI $50,137 @ 7.0% cap · market cap 6.35%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $984.4K
    $861.3K – $1.15M (±1% cap)
    NOI $68,906 @ 7.0% cap · market cap 8.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.89
    Latitude
    40.4143

    FAQs

    What type of property is this?
    Office units - New build office space for sale near I-15.
    Where is this office units located?
    The property is located at 3742 W 2150 N St Lehi, UT.
    What is the asking price?
    The asking price for this property is $789,425.
    What are key features of this property?
    This property features: Modern, state of the art new builds; Build to suit offices; Two full floors available in Building B
    (801) 869-8000 Call to check price and availability
    More about this property
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