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1250 E 200 S
Lehi, UT 84043
Discovery Pointe II · Office Property For Sale
Investment Highlights
- Proximity to Full Amenities
- Easy Access to SR 92
- Immediate I-15 Access
- Ample Parking
Executive Summary
Positioned in a highly desirable corridor, this exceptional Class A office property at 1250 E. 200 S., Lehi, Utah 84043, offers a rare investment opportunity in the heart of Utah’s thriving business hub. Encompassing 64,045 square feet of office space and priced at $20,174,175 ($315 PSF), the property combines scale, visibility, and convenience, featuring prominent I-15 signage and immediate freeway access. Ideally situated to serve both Salt Lake and Utah County, this prime Silicon Slopes location benefits tenants and owners alike, offering shorter commute times and access to numerous walkable amenities.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
73,659 SF
Building Class
B
Year Built
2009
Price
$20,174,175
Price Per SF
$273.89
Cap Rate
5.80%
NOI
$1,170,102
Percent Leased
90%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
21,590 SF
Building FAR
0.50
Lot Size
3.35 AC
Zoning
C - Commercial
Parking
250 Spaces (3.86 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,446,300 | |
| Land Assessment | $614,100 | Total Assessment | $5,060,400 |
Property Taxes
Parcel Numbers
Land Assessment
$614,100
Improvements Assessment
$4,446,300
Total Assessment
$5,060,400
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