1500 3600 West - Exchange Business Center 0.5 Acres of Commercial Land Offered at $522,720 in Lehi, UT 84043
INVESTMENT HIGHLIGHTS
- .5 acre pad - allowing up to 5,000 sqft building foot print with ability to go 3 stories
- Building A2 - 1 story, 2,400 sqft - Building A3 - 2 story, 3,600 sqft
- Traffic: currently 2,650 cars per day (1,061 AM & 1,589 PM) with major growth expected over the next 12-24 months!
- Business condo option creates a great multi-tenant investment opportunity (see site plan)
- Near Thanksgiving Point and less than 1 mile from IHC Primary Children’s Hospital
- Surrounded by over 11,000 current and planned households that are underserved
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot A-1
| Price | $522,720 |
| Price Per AC | $1,045,440.00 |
| Lot Size | 0.50 AC |
One .5 acre pad - allowing up to 5,000 sqft building footprint in prime new retail location, surrounded by over 11,000 current and planned households. Positioned on the high traffic corner of 1500 N and 3600 W. Excellent retail or office location.
DESCRIPTION
This is a prime investment opportunity, located less than 1 mile from the new IHC Primary Children's Hospital, and located in a highly dense and greatly undeserved area. Option to do business condos creates a great multi-tenant scenario to maximize returns. Buildings A2 & A3 on the plat map show an approved concept with a 2,400 sqft 1 story building and 3,600 sqft 2 story building (total 9,000 sqft of potential building space)1500 N & 3600 W intersection to receive traffic signal by this fall and 1500 N to connect to Redwood Rd as well, making this a prime highly visible intersection. An additional 5 commercial/retail buildings are planned on this site, which will greatly increase the value of your investment. Property will be part of a commercial HOA for common areas and parking. Seller open to selling other pads and spaces as well.
