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    1100 Traverse Pkwy Lehi, UT 84043

    Sponsored
    For Lease
    $29 SF/Yr

    Class A office space, 2,860 - 58,204 sq ft.

    Lot size:
    150,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office property, located at 1100 W Traverse Pkwy, Lehi, UT 84043, offers 150,000 square feet of prime executive office space. The building features six total suites, with 58,204 square feet currently available for lease. Units range from a minimum of 2,860 square feet to a maximum contiguous space of 58,204 square feet, providing flexibility for businesses of various sizes. The property boasts a strategic location in Lehi, Utah, on the border of Salt Lake and Utah Counties, offering convenient access to the entire Wasatch Front demographic. Its cutting-edge architecture provides expansive lake and mountain views. This location is ideal for corporate headquarters, research and development, and other commercial needs. The property benefits from its proximity to major tech companies such as Ancestry.com and Adobe, and is also within minutes of Microsoft, Oracle, and Cisco operations. On-site parking is available at a ratio of 5 spaces per 1,000 square feet. The property is situated within the 117-acre Traverse Mountain development, which offers future retail and hospitality opportunities.

    Property Features for 1100 Traverse Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,000 SF
    Class
    A
    Total Rate
    362500

    Unit(s) available at that property

    Space
    Suite 210
    Size
    10,084 SF
    Rate per SF
    $29
    Space
    4th Floor
    Size
    26,172 SF
    Rate per SF
    $29
    Space
    Suite 220
    Size
    8,120 SF
    Rate per SF
    $29
    Space
    Suite 230
    Size
    2,860 SF
    Rate per SF
    $29
    Space
    Suite 240
    Size
    4,511 SF
    Rate per SF
    $29
    Space
    Suite 310
    Size
    6,457 SF
    Rate per SF
    $29

    HighLights

    • 5:1,000 parking ratio.
    • Covered parking available.
    • Excellent access to I‑15 and SR‑92 freeways.
    • Two full‑size basketball courts.
    • Two sand volleyball courts.
    • On‑site employee pavilion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Xactware Corporate Office Verisk Analytics Corporate Office Geomni Corporate Office Xactware Solutions, Inc. Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.868263
    Latitude
    40.435812

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    FAQs

    What type of property is this?
    Office Property / Space - Class A office space, 2,860 - 58,204 sq ft.
    Where is this office property / space located?
    The property is located at 1100 Traverse Pkwy Lehi, UT.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 5:1,000 parking ratio.; Covered parking available.; Excellent access to I-15 and SR-92 freeways.
    Request Owner's contact information
    1100 Traverse Pkwy Lehi, UT 84043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100 Traverse Pkwy Lehi, UT 84043
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