High-Visibility Retail with
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
(801) 610-9563
Listed By:
Denise Mendenhall
(801) 259-5565
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.
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
Property Profile
Current Use
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
Explore this area
Business Placement
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
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).
