3401 Ashton Blvd Lehi, UT 84043-5307
This exceptional 125,000-square-foot Class A office building, constructed in 2014, is ideally situated in Lehi, Utah, at 3401 N Ashton Blvd, zip code 84043. The property boasts a prestigious LEED Silver certification, reflecting its commitment to sustainability. Currently fully leased to Vivint, a subsidiary of NRG Energy, Inc., this investment offers significant stability with a lease extending through June 30, 2028, providing a weighted average lease term (WALT) of 3.75 years. Located in the heart of Lehi's thriving tech sector within Silicon Slopes, this prime location benefits from its proximity to both Salt Lake City and Provo, attracting a highly skilled workforce. Lehi's rapid population growth, with a 6.9% increase in 2023, further underscores the area's robust economic vitality. The building's RC zoning designation allows for a variety of potential future uses. The property's high-quality finishes and strong tenant occupancy make it a compelling investment opportunity in one of Utah's fastest-growing markets. This executive office space presents a rare chance to acquire a stable, high-performing asset in a dynamic location.
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Vivint Security Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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