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Exchange Business Center 1500 N 3600 W w

2,400 - 5,000 SF of Office/Retail Space Available in Lehi, UT 84043

Highlights

  • Surrounded by over 11,000 current and planned households, very underserved communities
  • Build to Suit - 1,000 to 5,000 sf
  • Traffic: currently 2,650 cars per day (1,061 AM & 1,589 PM) with major growth expected over the next 12-24 months!
  • One of the few retail options close to Primary Children's Hospital
  • Prime corner of 3600 W (major connector off 2100N future freeway) and 1500 N (direct access and less than 1 mile to Redwood Road)
  • Over 150 local residents surveyed: Hi demand for restaurants, fitness, daycare, coffee, medical/dental, spa, and retail shops

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,400-5,000 SF
  • 3-10 Years
  • $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $14,583 /MO $175,000 /YR
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Storefront retail/ office space

  • Lease rate does not include utilities, property expenses or building services
  • Fits 6 - 40 People
  • Storefront retail/ office space
Space Size Term Rental Rate Rent Type
1st Floor 2,400-5,000 SF 3-10 Years $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $14,583 /MO $175,000 /YR Triple Net (NNN)

1st Floor

Size
2,400-5,000 SF
Term
3-10 Years
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $14,583 /MO $175,000 /YR
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
Now

Storefront retail/ office space

  • Lease rate does not include utilities, property expenses or building services
  • Fits 6 - 40 People
  • Storefront retail/ office space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

PROPERTY FACTS FOR 1500 N 3600 W w , Lehi, UT 84043

Min. Divisible 2,400 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 5,000 SF
Construction Status Proposed

About the Property

Prime Retail Opportunity in Fastest Growing Utah Market Gateway to Growth: Unparalleled Location for Your Business - Situated in the heart of one of Utah's fastest-growing regions, this exceptional retail space offers an unmatched opportunity for businesses looking to capitalize on the area's remarkable expansion and flourishing consumer demand. Strategic Location, Limitless Potential - Just 1 mile from the new Intermountain Healthcare (IHC) Primary Children's Hospital and directly off the soon-to-be-completed 2100 North freeway exit, this semi-urban locale is poised to become the premier retail destination for the rapidly expanding residential population in the surrounding communities. Underserved Market, Untapped Demand - Despite the area's explosive growth, there remains a notable lack of easily accessible retail services, creating a unique and lucrative void for savvy business owners to fill. In the next 12-18 months, this property is projected to become one of the most prime and frequented retail locations in the area, providing unparalleled visibility and foot traffic for your enterprise. Invest in the Future of Utah's Growth Corridor - This exceptional retail space allows businesses to establish a strategic foothold in one of the state's most dynamic and high-potential markets. By securing a presence in this burgeoning region, you'll be positioned to reap the rewards of the area's continued expansion and rising consumer demand. Unmatched Accessibility and Connectivity - With the upcoming completion of the 2100 North freeway and the extension of 1500 North to Redwood Road, this property will become a true gateway, offering unparalleled accessibility and visibility for your business. Customers and clients will find it easier than ever to discover and patronize your establishment. Comprehensive Market Analysis and Insights - Our team has conducted a thorough analysis of the local market, validating the exceptional growth projections and identifying the specific needs and preferences of the surrounding residential population. This data-driven approach ensures that your business can confidently cater to the community's evolving demands. Join the Vanguard of Utah's Retail Revolution - This is your opportunity to establish a prominent presence in one of the state's most promising and dynamic markets. By securing this prime retail space, you'll be poised to capitalize on the area's exponential growth, delivering exceptional value and services to a rapidly expanding consumer base. Contact our leasing representatives, Brooke or Boyd, today to learn more about this exceptional opportunity and how it can drive the success of your business.

  • Corner Lot
  • Restaurant
  • Signage
  • PATH
  • Monument Signage
  • Listing ID: 32520148

  • Date on Market: 7/19/2024

  • Last Updated:

  • Address: 1500 N 3600 W w, Lehi, UT 84043

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