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Property profile & analytics
OFF-MARKET
Office Spaces

588 400 Lindon, UT 84042

88,124 SF Built 2001
Property ID
Property summary
AI-generated overview

Canopy III offers exceptional executive office space in the desirable Lindon submarket. This three-story, Class A building, constructed in 2001, boasts a total of 88,124 square feet and features multiple suites, with three currently available. Spaces range from 10,543 to 14,155 square feet, providing flexibility for various business needs. The building sits on a generous 15.03-acre lot and offers a 4/1000 parking ratio. Tenants enjoy a full-service lease rate of $18.50 per square foot, encompassing a comprehensive range of amenities. These include a state-of-the-art high-tech campus, professional on-site management, dedicated on-site engineering staff, and 24/7 on-site security. Indoor amenities cater to tenant well-being with a gym featuring locker rooms and showers (located in Building 5). Outdoor amenities enhance the work-life balance with a pickleball court and covered pavilion. The property benefits from a premier location, providing easy access to the I-15 interchange at 1600 North, and is conveniently situated approximately 45 minutes from Salt Lake International Airport. Currently, 35,421 square feet of space is vacant, presenting a significant opportunity for businesses seeking modern, well-appointed office space in a thriving location. The building's traditional executive office design provides a professional and efficient work environment.

Property profile
Verified
Property type Office Spaces
Year built 2001
Total area 88,124 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • VisualCue (Bike/Boat/Book/etc) Store Corporate Office
  • On Semiconductor, Lindon, Utah Business Service Center
  • American Crafts Corporate Office
  • Renewable Innovations, Inc. Sustainability Organization
  • Avenue Consultants Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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