Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    355 520 Lindon, UT 84042

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Silicon Slopes Office Space Available

    Lot size:
    20,000 SF

    Property Features for 355 520

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B
    Total Rate
    30833.33

    Spaces For Lease

    at 355 520, Lindon, UT 84042 Contact us
    Unit Suite 180

    $18 /Mo

    Size
    9,932 SF
    Contact us
    Unit Suite 140

    $18 /Mo

    Size
    7,362 SF
    Contact us

    We can help!

    Listing Contact
    Brandon Fugal
    Brandon Fugal

    Listing Agency: Colliers | Salt Lake City Millrock Listing Agent: Brandon Fugal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Located in the heart of Silicon Slopes, Lindon Tech Center offers exceptional office space within a highly desirable business community. This Class B building boasts 20,000 square feet of total space, with two suites currently available. The minimum divisible space is 7,362 square feet, while the maximum contiguous space available is 9,932 square feet. A significant 17,294 square feet is currently vacant, presenting a unique opportunity for businesses seeking immediate occupancy. The property features contemporary two-story lobbies with generous glass, creating a bright and inviting atmosphere. Enjoy a park-like setting with abundant parking and the stunning backdrop of Mount Timpanogos. Benefit from excellent access to I-15 via the 1600 North exit, providing convenient commuting for employees and clients. The building's location offers close proximity to both Brigham Young University (BYU) and Utah Valley University (UVU), tapping into a rich talent pool. Building signage is available, enhancing visibility and brand recognition. Multiple fiber optic providers ensure high-speed internet connectivity, crucial for modern businesses. Highly competitive and negotiable lease rates are available, making this an attractive option for businesses of various sizes. Building improvements and amenities contribute to a productive and comfortable work environment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Digi International (Bike/Boat/Book/etc) Store RAGS Clothing & Fashion Store Ziplingo Business Management Consultant Platinum Dental Services Corporate Office Tavahatz (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lindon
    County
    Utah
    State
    Utah
    Longitude
    -111.7272773
    Latitude
    40.3317258

    Nearby Similar for Lease

    • $24 SF/Yr
      831 SF

      Lindon Office Space Available

      Office space for lease in a three-story building.
      1172 W 700 N, Lindon, UT 84042
      View Details
    • $1.40 SF/Yr
      7,498 SF

      Lindon Warehouse with Office Space

      Warehouse with office space, dock-high doors, and grade-level doors.
      1020 W 600 S, Lindon, UT 84042
      View Details
    • Contact for pricing
      900 SF

      Turnkey Office Space in Lindon

      Professional office space with visibility and convenient access to I-15.
      1780 W 700 N, Lindon, UT 84042
      View Details
    • Contact for pricing
      13,000 SF

      Lindon Warehouse Space Available

      Warehouse space with dock-high and ground-level access.
      500 S 500 W, Lindon, UT 84042
      View Details
    • $21 SF/Yr
      88,124 SF

      Canopy III Executive Suites

      Lindon, UT: Class A Office Space Available
      588 400, Lindon, UT 84042
      View Details
    • $18 SF/Yr
      56,410 SF

      Executive Suites in Lindon, UT

      Premium Lindon Office Space Available
      333 520, Lindon, UT 84042
      View Details
    • $19 SF/Yr
      8,680 SF

      One Lindon Center: Premier Office Space

      8,680 SF A-Class Office Suite Available
      360 670, Lindon, UT 84042
      View Details
    • $19 SF/Yr
      6,659 SF

      Lindon Office Space Available

      High-end office space with tech finishes and I-15 access.
      360-380 S 670 W, Lindon, UT 84042
      View Details
    • Contact for pricing
      15,042 SF

      Lindon Warehouse with Fenced Yard

      Industrial warehouse with remodeled office, fenced yard, and parking.
      1287 W 300 S, Lindon, UT 84042
      View Details
    • Contact for pricing
      2,460 SF

      Lindon Flex Warehouse For Lease

      Flex warehouse space available for lease in Lindon, Utah.
      1350 W 200 S, Lindon, UT 84042
      View Details
    • Contact for pricing
      13,039 SF

      Lindon Warehouse/Flex Space Available

      13,039 SF warehouse/flex space with offices and high ceilings.
      142 N 1800 W, Lindon, UT 84042
      View Details
    • $20 SF/Yr
      6,000 SF

      Prime Lindon Executive Office Space

      Modern Suites, Utah County, 5,540 SF Available
      1810 700, Lindon, UT 84042
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Silicon Slopes Office Space Available
    Where is this office property located?
    The property is located at 355 520 Lindon, UT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF Class B office building with multiple suites available.; 17,294 SF of vacant space, divisible into units ranging from 7,362 SF to 9,932 SF contiguous.; Excellent I-15 freeway access in the Silicon Slopes area, near BYU and UVU.
    (801) 947-8300 Call to check price and availability
    Request Owner's contact information
    355 520 Lindon, UT 84042
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    355 520
    Lindon, UT 84042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    355 520 Lindon, UT 84042
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brandon Fugal
    Brandon Fugal
    Real Estate License ID: 5477023-SA00
    (801) 947-8300 (801) 947-8328
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!