Property profile

3401 Thanksgiving Way Lehi, UT 84043

OFF-MARKET
Parking lots & garages
Property ID
US86-0894668
702 SF 2.94 ac lot Built 2014
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Class A office property is located in the CORE of Silicon Slopes, adjacent to the Lehi FrontRunner platform and with prominent visibility along I-15. The office space within a larger 860,000-square-foot complex of six Class A office buildings is available in suites ranging from 3,219 to 8,374 square feet. The interiors feature a tech-oriented build-out with open ceilings to the deck, K-13 noise reduction, polished concrete floors, and glass offices and conference rooms with 9-foot glass-height configurations. The building is LEED Silver certified and is designed as a flexible office environment suitable for tenant growth. A fitness center is available on-site, and the campus benefits from connectivity to labor pools in nearby metropolitan areas.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2014
Total area 702 SF
Lot 2.94 ac (127,849 SF)
APN 53-485-0014
UPID US86-0894668

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Bank Credit Union
  • Electric Vehicle Charging Station
  • Solar Energy Company
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

3401 Thanksgiving Way Lehi, UT 84043-4145
Lehi metro Census 10128 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2016
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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