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1220 N 500 W 5,212 SF 100% Leased Office Building Lehi, UT 84043 $1,537,540 ($295/SF) 5.89% Cap Rate
Executive Summary
?5,212 SF Office
?.51 Acres
?Built 2004
?Fully Leased - 3 Tenants
?NOI $90,625.76
?Zoning: Community Commercial
?31 Parking Stalls
?.51 Acres
?Built 2004
?Fully Leased - 3 Tenants
?NOI $90,625.76
?Zoning: Community Commercial
?31 Parking Stalls
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,212 SF
Building Class
B
Year Built
2004
Price
$1,537,540
Price Per SF
$295
Cap Rate
5.89%
NOI
$90,626
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,606 SF
Slab To Slab
10’
Building FAR
0.23
Lot Size
0.51 AC
Zoning
Community Commercial
Parking
20 Spaces (3.67 Spaces per 1,000 SF Leased)
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 48-389-0001 | Improvements Assessment | $639,100 |
| Land Assessment | $378,200 | Total Assessment | $1,017,300 |
Property Taxes
Parcel Number
48-389-0001
Land Assessment
$378,200
Improvements Assessment
$639,100
Total Assessment
$1,017,300
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1220 N 500 W
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