Lehi Office Building For
300 S 1350 E Lehi, UT
300 S 1350 E, Lehi, UT, 00000
Contact for pricing
For Sale
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Office building with I-15 frontage and covered parking.
Property Size15,446 SF
Lot Size2.25 Acres
Price / SF$321.91
Days on Market595
Property Features for 300 S 1350 E
General Information
- Standard status
- Active
- Size
- 15,446 SF
- Lot size
- 2.25 Acres
- Property subtype
- OFFICE
Listing agency
Mountain West - Corporate
(385) 233-9142
Listed by
Shad Webb
Source
Moodyscre
Added: Dec 3, 2024 Updated: Jul 10 at 11:46AM Checked: Jul 21 at 5:02AM
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 Mountain West - Corporate
Investment Insights
Based on property information with market context.
This office building is located in the "Silicon Slopes" area of Lehi. The property features frontage and signage on I-15, as well as covered parking. It is situated close to numerous amenities and services. The building is occupied by a national credit tenant. The property has a size of 15446 square feet.
Key Highlights
- I‑15 frontage and signage provide excellent visibility.
- National credit Tenant in place.
- Property In the “Silicon Slopes” Lehi area.
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 | $370.7k | $24.00 |
| − Vacancy | −$81.6k | −$5.28 |
| EGI | $289.1k | $18.72 |
| − OpEx | −$72.3k | −$4.68 |
| NOI | $216.9k | $14.04 |
15,446 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,862 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,046 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with I-15 frontage and covered parking.
Where is this office building located?
The property is located at 300 S 1350 E Lehi, UT.
What is the asking price?
The asking price for this property is $4,972,288.
What are key features of this property?
This property features: I‑15 frontage and signage provide excellent visibility.; National credit Tenant in place.; Property In the “Silicon Slopes” Lehi area.
