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525 850 Lehi, UT 84043

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For Sale
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73,172 SF Multi-Tenant Office, 5.80% Cap Rate

Property size:
73,172 SF

Property Features for 525 850

General Information

Property type
Office Properties & Spaces
Square Feet
73,172 SF
Class
B

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Listing Contact
Eric Larsen
Eric Larsen

Listing Agent: Eric Larsen

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

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Property Insight Report

Overview

This exceptional multi-tenant office building presents a compelling investment opportunity in the thriving Lehi, Utah market. Boasting a substantial 73,172 square feet of space, the property is ideally situated on a 3.94-acre lot, zoned C-H (Heavy Commercial), offering significant potential for growth and expansion. Constructed between 2013 and 2022, the Class B building benefits from a prime location, conveniently nestled between two I-15 exits, ensuring easy accessibility for tenants and clients. The property's strategic placement provides excellent visibility and signage opportunities, further enhanced by its proximity to the vibrant retail and dining options at The Meadows in Lehi. Currently operating under a NNN lease structure, this multi-tenant property is offered at an attractive asking price of $16,995,000, representing a compelling 5.80% capitalization rate. This presents a rare chance to acquire a well-located, high-performing asset in one of Utah's fastest-growing commercial centers. The property's size, location, and strong cap rate make it an ideal addition to any diversified investment portfolio. Detailed financial information and lease terms are available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Evolved Commerce Advertising Agency Leadgenix Marketing & Advertising Ridd Summer Sales Association Or Organization Gabe Rabe Take-out & Catering Glyde Solar Solar Energy Company

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Lehi
County
Utah
State
Utah
Longitude
-111.8340329
Latitude
40.3819921

FAQs

What type of property is this?
Office Property / Space - 73,172 SF Multi-Tenant Office, 5.80% Cap Rate
Where is this office property / space located?
The property is located at 525 850 Lehi, UT.
What is the asking price?
The asking price for this property is $16,995,000.
What are key features of this property?
This property features: $16,995,000 asking price.; 73,172 square foot Class B office building.; Multi-tenant property with a NNN lease structure.
(801) 380-2264 Call to check price and availability
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