525 S 850 E
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525 S 850 E
73,172 SF 84% Leased Office Building Lehi, UT 84043 $18,000,000 ($246/SF) 6.34% Cap Rate
Executive Summary
Multi- Tenant Office Investment in highly desirable Lehi location!
Units 1-7 are leased and unit 8-10 are under construction to be completed as office. Can be BTS for Owner-User or Tenant.
6% CAP Estimated Stabilized NOI after completions of units 8-10.
Contact Broker for information regarding the property and improvements.
Units 1-7 are leased and unit 8-10 are under construction to be completed as office. Can be BTS for Owner-User or Tenant.
6% CAP Estimated Stabilized NOI after completions of units 8-10.
Contact Broker for information regarding the property and improvements.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
73,172 SF
Building Class
B
Year Built
2013
Price
$18,000,000
Price Per SF
$246
Cap Rate
6.34%
NOI
$1,141,200
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
36,586 SF
Building FAR
0.43
Land Acres
3.94 AC
Zoning
C-H - Heavy Commercial / Commercial
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PROPERTY TAXES
| Parcel Number | 35-627-0001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $16,551,600 |
PROPERTY TAXES
Parcel Number
35-627-0001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,551,600
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525 S 850 E
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