525 S 850 E, Lehi, UT 84043
Multi-tenant office building with convenient access and great signage.
- Added:
- Nov 30, 2023
- Days on Market:
- 949
- Last Refresh:
- Jul 5 at 11:02 am
Property Features for 525 S 850 E
General Information
- Standard status
- Active
- Size
- 73,172 SF
- Lot size
- 3.94 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2013
Listing office Colliers - Pleasant Grove - Utah County, Utah (801) 380-2264
Listing date Nov 30, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Pleasant Grove - Utah County, Utah
HighLights
- Multi tenant office building ideal for investors.
- Conveniently located between two I‑15 exits for easy access.
- Great building signage offers excellent visibility.
- Built between 2013‑2022.
- 73,172 total square feet.
- Close access to restaurants and shopping.
Overview
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 | $1.76M | $24.00 |
| − Vacancy | −$386.3k | −$5.28 |
| EGI | $1.37M | $18.72 |
| − OpEx | −$342.4k | −$4.68 |
| NOI | $1.03M | $14.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lehi
- County
- Utah
- State
- Utah
- Longitude
- -111.8343142
- Latitude
- 40.3819353
