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525 S 850 E

73,172 SF 84% Leased Office Building Lehi, UT 84043 $25,514,460 CAD ($349 CAD/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.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
73,172 SF
Building Class
B
Year Built
2013
Price
$25,514,460 CAD
Price Per SF
$349 CAD
Cap Rate
6.34%
NOI
$1,617,617 CAD
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-627-0001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$23,461,396 CAD
  • Listing ID: 25493459

  • Date on Market: 2022-04-17

  • Last Updated:

  • Address: 525 S 850 E, Lehi, UT 84043

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