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    OFF-MARKET
    Office buildings

    2801 Thanksgiving Way, Lehi, UT 84043-5296

    150,130 SF 7.38 ac lot Built 2016
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US86-0653890
    Property summary
    AI-generated overview

    Thanksgiving Station 4, a Class A office building in Lehi, Utah's "Heart of Silicon Slopes," offers exceptional executive office space. This single, two-story building, constructed in 2016, boasts 150,000 square feet of total space, with 15,610 square feet currently vacant. Multiple tenancy options are available, ranging from a minimum of 4,365 contiguous square feet to a maximum of 11,245 contiguous square feet. The building features three elevators for convenient access to all floors. Ample parking is provided, with a ratio of 4.5 spaces per 1,000 square feet. Situated on a 7.5-acre lot, this property benefits from a highly desirable Commercial zoning designation within Utah County. The building's address is 2801 N Thanksgiving Wy, Lehi, UT 84043. Its prime location in the thriving Lehi submarket offers unparalleled access to the region's vibrant tech industry and a wealth of amenities. This is an exceptional opportunity to secure high-quality office space in one of Utah's fastest-growing areas. The building consists of only two suites, providing a sense of exclusivity and community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2016
    Total area 150,130 SF
    Lot 7.38 ac (321,473 SF)
    APN 11-032-0517
    UPID US86-0653890
    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
    • Sorenson Capital Financial Advisor
    • Sell Structured Settlement Advisors Financial Advisor
    • Cadence Homes Construction Company General Contractor
    • eLuma Training Center
    • Rovin Capital Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    X Tstat Opco LLC
    X Tstat Opco LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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