Medical Office
2135 W MAIN ST Unit B105, Lehi, UT 84043
For Sale
$1,229,661
A 2022-built suite offers 2,907 square feet within a 33,000-square-foot center.
Property Size33,000 SF
Price / SF$423
Days on Market76
Property Features for 2135 W MAIN ST Unit B105
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Property Use
Building Details
Year Built
Building Size
Listing Agency:
KW Westfield (Excellence)
(801) 850-5600
Listed By:
Benjamin B Ellsworth
Source:
Markhaaga
Added: Aug 27
Changed: Nov 10
Last Checked: Nov 9 at 5:01PM
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 KW Westfield (Excellence)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite B105 is a medical office space in Willow Park Center, a 33,000-square-foot building completed in 2022. The suite contains 2,907 square feet and is located at 2135 W Main Street in Lehi, Utah.
Key Highlights
- 2,907‑square‑foot medical office suite
- Located in a 33,000‑square‑foot building completed in 2022
- Willow Park Center address: 2135 W Main Street, Lehi, UT 84043
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,814
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,280
$816.3K
Cap Rate 7%
$583,057
$583.1K
Cap Rate 9%
$453,489
$453.5K
Market Conditions
NOI Build-Up for 2,907 SF
Gross rent
$69.8K $24.00/SF
− Vacancy
−$15.3K −$5.28/SF
EGI
$54.4K $18.72/SF
− OpEx
−$13.6K −$4.68/SF
NOI
$40.8K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,280
Cap Rate 7%
$583,057
Cap Rate 9%
$453,489
Alternative Uses
Best Use
Office B
$583.1K
$510.2K – $680.2K
NOI $40,814 @ 7.0% cap · market cap 3.32%
Second Best
Healthcare Medical
$500.6K
$438.0K – $584.0K
NOI $35,039 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$801.3K
$701.2K – $934.9K
NOI $56,093 @ 7.0% cap · market cap 4.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$567,500
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Utah County, UT
Properties on Market for Medical Office Space in Utah County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A 2022-built suite offers 2,907 square feet within a 33,000-square-foot center.
Where is this medical office space located?
The property is located at 2135 W MAIN ST Unit B105 Lehi, UT.
What is the asking price?
The asking price for this property is $1,229,661.
What are key features of this property?
This property features: 2,907‑square‑foot medical office suite; Located in a 33,000‑square‑foot building completed in 2022; Willow Park Center address: 2135 W Main Street, Lehi, UT 84043
