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High-Visibility Retail with Drive-Through
For Lease
$1,000,000 SF/Yr

198 E STATE St, Lehi, UT 84043

COMMERCIAL - Lehi, UT

Lot Size0.21 Acres
Days on Market319

Property Features for 198 E STATE St

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Am Fork; Hlnd; Lehi; Saratog.
Standard status Active
APN 01-085-0003
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 3696

Building Details

Year built 1998
Listing Agency: Real Estate Essentials
Listed By: Denise Mendenhall
Added: Sep 15, 2025 Changed: Jun 2 Last Checked: Jul 30 at 3:06PM
MLS# 2116055

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Investment Insights

Based on property information with market context.

This high-visibility retail space offers drive-thru access and is city-approved for a variety of light commercial uses, including medical, soda shop, fast food, or daycare. The property is positioned for straightforward customer access and visibility from the street, and the seller is open to a lease option. A courtesy estimate of square footage is provided from County Records, and buyers are advised to independently verify measurements.

Located at 198 E State St in Lehi, UT 84043, the site benefits from strong frontage on a major corridor. The listing highlights excellent traffic and visibility as key advantages for retail and service-oriented concepts seeking consistent exposure.

With its drive-thru functionality and approved use mix, the property can fit a range of operators looking for flexible occupancy in a retail setting. Prospective tenants or buyers may be especially interested in concepts that align with the city-approved light commercial categories, including quick-serve food, select service/medical use, and daycare.

Key Highlights

  • High‑visibility retail space off State Street in Lehi.
  • Enjoy drive‑thru access.
  • City‑approved for multiple light commercial uses (medical, soda shop, fast food, daycare).

Property Analytics

Current Use

Rogers Automotive Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$150,000.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
16,325 visits/mo 0.4 miles
Phillips 66 Shops & Services
3,718 visits/mo 0.1 miles

Demographics for 84043, UT

76,954
Population
23,408
Households
3.3
Avg Household Size
26
Median Age
50%
College-Educated
97%
High-School Grad
31.1 sq mi
ZIP Area
2,474
Density / Sq Mi
$125,598
Median Household Income
$49,643
Median Earnings
$1,802
Median Rent
$567,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail with drive-thru access and city approval for multiple light commercial uses.
Where is this retail space located?
The property is located at 198 E STATE St Lehi, UT.
What is the lease rate?
The lease rate is $1,000,000.
What are key features of this property?
This property features: High‑visibility retail space off State Street in Lehi.; Enjoy drive‑thru access.; City‑approved for multiple light commercial uses (medical, soda shop, fast food, daycare).
More about this property
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