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Retail Space Under Construction
New
For Lease
$2,375,000

3628 W 1500 N, Lehi, UT 84043

Commercial Sale Commercial Lease, Lehi, UT

Space SizeContact for details
Lot Size0.11 Acres
Days on Market2

Property Features for 3628 W 1500 N

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning description NC
Subdivision EXCHANGE BUSINESS CENTER
Standard status Active
Lot size 0.11 Acres

Building Details

Year built 2027
Listing Agency: KW Utah Realtors Keller Williams · Keller Williams Realty
Listed By: Boyd B Brown · License #5485199
Added: Oct 30 Last Checked: Oct 31 at 12:06AM
MLS# 2193958

Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This retail space is under construction, with completion scheduled for 2027. The property occupies a 0.11-acre site at 3628 W 1500 N in Lehi.

The listing identifies proximity to the new Intermountain Healthcare Primary Children’s Hospital at 1 mile. Planned nearby transportation work includes a 2100 North freeway exit and an extension of 1500 North to Redwood Road; completion timing and resulting access are not established.

Key Highlights

  • Under construction, with 2027 completion
  • 0.11‑acre site
  • 1 mile from Intermountain Healthcare Primary Children’s Hospital

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Restaurant Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 77% Dining 23%
Maverik Adventures First Stop Shops & Services
16,649 visits/mo 0.4 miles
Little Caesars Pizza Dining
2,878 visits/mo 0.4 miles
Wingstop Dining
2,119 visits/mo 0.4 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
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Market

Lease Benchmarks for Lehi, UT

$22.5 /SF/Yr
Avg Asking Price
$21–$24 /SF/Yr
Price Range

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A planned 2027 completion positions this space for a new retail operation.
Where is this retail space located?
The property is located at 3628 W 1500 N Lehi, UT.
What is the lease rate?
The lease rate is $2,375,000.
What are key features of this property?
This property features: Under construction, with 2027 completion; 0.11‑acre site; 1 mile from Intermountain Healthcare Primary Children’s Hospital
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