Office Building For
3375 W Mayflower Ave Lehi, UT 84043
3375 W Mayflower Ave, Lehi, UT, 84043
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale at 3375 W Mayflower Ave in Lehi, UT.
Property Size6,000 SF
Price / SF$275
Days on Market166
Property Features for 3375 W Mayflower Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Listing agency
KW Commercial KW Westfield Keller Williams Real Estate
(801) 850-5700
Listed by
Randy Park · License #UT 9544638-SA00
Source
Crexi
Added: Feb 6 Updated: Jul 22 at 7:30AM Checked: Jul 22 at 7:30AM
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 Commercial KW Westfield Keller Williams Real Estate
Investment Insights
Based on property information with market context.
This office building is offered for sale as a standalone commercial property. The asset totals 6,000 square feet.
The property is located at 3375 W Mayflower Ave in Lehi, Utah 84043.
ForSale pricing is listed at $1,650,000.
The property is located at 3375 W Mayflower Ave in Lehi, Utah 84043.
ForSale pricing is listed at $1,650,000.
Key Highlights
- Office building for sale at 3375 W Mayflower Ave in Lehi, UT
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 | $144.0k | $24.00 |
| − Vacancy | −$31.7k | −$5.28 |
| EGI | $112.3k | $18.72 |
| − OpEx | −$28.1k | −$4.68 |
| NOI | $84.2k | $14.04 |
6,000 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,240 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,776 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tasco Engineering Inc
Engineer
Riccardelli Consulting Services
Business Management Consultant
Circle of Life Counseling ...
Counselor
PROtect LLC
Environmental Consultant
Cameron John
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered for sale at 3375 W Mayflower Ave in Lehi, UT.
Where is this office building located?
The property is located at 3375 W Mayflower Ave Lehi, UT.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Office building for sale at 3375 W Mayflower Ave in Lehi, UT
