Two-Building Shopping
4243 Orinda Dr, Lehi, UT 84045
For Sale
$4,821,000
Fully leased retail center with drive-through improvements and long-term tenant commitments.
Property Size6,789 SF
Days on Market52
Property Features for 4243 Orinda Dr
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Drive-Thru
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
CP Partners
Listed By:
John Andreini · License CA #01440360
(415) 274-2715
Source:
Cppcre
Added: Sep 20
Changed: Oct 25
Last Checked: Nov 10 at 6:41AM
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 CP Partners
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.
This 2024-built shopping center consists of two retail buildings, each equipped with a drive-through. The property is 100% occupied by four tenants, with more than 8 years of WALT remaining across the lease commitments. Lease support includes personal guaranties associated with Bonchon, Children’s Art Classes, and Thirst, along with a corporate guaranty for Snelgrove.
The center is located at 4243 Orinda Dr in Lehi and abuts N Redwood Road, a north-south retail thoroughfare with Costco, Walmart, and The Home Depot among the nearby national retailers. An approved concept for Cold Spring Business Park is adjacent and includes five flex-office buildings, two flex-retail buildings, two retail buildings, and previously approved storage units. Construction is expected to begin before year-end.
The center is located at 4243 Orinda Dr in Lehi and abuts N Redwood Road, a north-south retail thoroughfare with Costco, Walmart, and The Home Depot among the nearby national retailers. An approved concept for Cold Spring Business Park is adjacent and includes five flex-office buildings, two flex-retail buildings, two retail buildings, and previously approved storage units. Construction is expected to begin before year-end.
Key Highlights
- Two retail buildings completed in 2024
- 100% occupied by four tenants
- More than 8 years of WALT remaining
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 84045, UT
36,898
Population
11,273
Households
3.3
Avg Household Size
24
Median Age
52%
College-Educated
99%
High-School Grad
51.9 sq mi
ZIP Area
711
Density / Sq Mi
$123,870
Median Household Income
$48,493
Median Earnings
$2,201
Median Rent
$566,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with drive-through improvements and long-term tenant commitments.
Where is this shopping center located?
The property is located at 4243 Orinda Dr Lehi, UT.
What is the asking price?
The asking price for this property is $4,821,000.
What are key features of this property?
This property features: Two retail buildings completed in 2024; 100% occupied by four tenants; More than 8 years of WALT remaining
