Office Building with Parking
272 W 200 N Lindon, UT 84042
For Sale
Contact for pricing
Centrally located office property with dedicated garage space for parking or storage.
Property Size11,702 SF
Price / SF$204.24
Days on Market105
Property Features for 272 W 200 N
General Information
Standard status
Active
Size
11,702 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Utah County
(801) 702-4695
Listed By:
Josh Martin · License #5491995-AB00
(801) 830-2004
Source:
Moodyscre
Added: Apr 16
Changed: Jul 28
Last Checked: Jul 29 at 3:16PM
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 Colliers | Utah County
Investment Insights
Based on property information with market context.
This office property offers flexibility for an owner-user or a potential investment, with the ability for one to five tenants to occupy the space. A main-floor tenant is currently in place on a month-to-month basis. The property also includes a 1,169 SF garage that can support parking or storage needs.
The building is centrally located right off State Street in Lindon, UT, providing convenient access to the surrounding area.
For prospective tenants and buyers, the combination of multi-tenant potential, an existing month-to-month occupancy arrangement, and on-site garage space supports a practical approach to layout and operations.
The building is centrally located right off State Street in Lindon, UT, providing convenient access to the surrounding area.
For prospective tenants and buyers, the combination of multi-tenant potential, an existing month-to-month occupancy arrangement, and on-site garage space supports a practical approach to layout and operations.
Key Highlights
- Office property centrally located right off State Street in Lindon
- Main floor has an existing month‑to‑month tenant
- Potential for one to five tenants to occupy the property
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 | $280.8k | $24.00 |
| − Vacancy | −$61.8k | −$5.28 |
| EGI | $219.1k | $18.72 |
| − OpEx | −$54.8k | −$4.68 |
| NOI | $164.3k | $14.04 |
11,702 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.35M
$2.05M – $2.74M
NOI $164,296 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.82M – $3.76M
NOI $225,802 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Centrally located office property with dedicated garage space for parking or storage.
Where is this office units located?
The property is located at 272 W 200 N Lindon, UT.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Office property centrally located right off State Street in Lindon; Main floor has an existing month‑to‑month tenant; Potential for one to five tenants to occupy the property
