610 850 Lehi, UT 84043
- Office Properties & Spaces
- 10,708 SF
- 0.72 lot acres
Current Use by Public Records
- Converus, Inc. / Software Company
- Ultimate Health & Wellness / Medical Office
- Teambuilders Leadership Inc / Distribution Service
- Liv International / Natural Goods Store
- Ultimate Health & Wellness Dr. Jared Price DNP / Weight Loss Service / Medical Clinic
Property Details for 610 850
- Year built
- 2008
- Lot size
- 0.72 lot acres
- Property size
- 10,708 SF
- Property type
- Office Properties & Spaces
Description
Exceptional investment opportunity in Lehi, Utah's thriving Yates Office Plaza. This two-story, 10,708 square foot office building, constructed in 2008, sits on a 0.72-acre lot at 610 S 850 E, 84043. Currently offering a 50% occupancy rate, the property presents a unique owner-user scenario. The entire first floor (5,020 square feet) is vacant, providing immediate space for your business, while the second floor is fully leased, generating immediate rental income. The asking price is $1,700,000, or $158.76 per square foot. The building features ample parking (35 spaces per 1,000 sq ft) and is comprised of two units. The seller is motivated to close before the end of 2024, making this a timely opportunity to acquire a well-located, versatile office property in a rapidly growing market. The property's net rentable area is 10,708 square feet. This is a perfect opportunity for a business seeking to establish a strong presence in Lehi, Utah.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lehi
- County
- Utah
- State
- Utah
- Longitude
- -111.835
- Latitude
- 40.3809
