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Traverse Mountain Lodge 3940 N Traverse Mountain Blvd

18,287 SF 100% Leased Office Building Lehi, UT 84043 $5,700,000 ($312/SF)

Investment Highlights

  • Outstanding Views of Utah Valley

Executive Summary

Awesome silicon slopes location with beautiful views of Utah Valley. Current owner occupies approximately 4,400 sq/ft of offices on the upper floor and will vacate with the sell of the building. The remaining upper floor area of 4,782 sq/ft being operated as an event center. The Event Center is 3rd party fee managed generating significant additional income. Owner occupied space was previously rented as single office executive suites. The lower level is 100% leased with Traverse Mountain Dental occupying the majority of the lower floor. Great opportunity to own your own building and owner occupy your own space. Lots of perks that come from having your own event space for your own business and family gatherings.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
18,287 SF
Building Class
B
Year Built
2003
Price
$5,700,000
Price Per SF
$312
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,144 SF
Building FAR
0.20
Land Acres
2.06 AC
Zoning
Commercial - Proposed commercial zoning
Parking
79 Spaces (4.32 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
53-401-0001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,965,200
  • Listing ID: 31513237

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: 3940 N Traverse Mountain Blvd, Lehi, UT 84043

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