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1320 N 300 W 28,896 SF Office Building Lehi, UT 84043 $9,488,133 ($328.35/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Millions spend on Class A finishes
- Single Tenant NNN Lease with upside potential
- Adjacent to the freeway with unmatched visibility/exposure
EXECUTIVE SUMMARY
Prime investment opportunity. Single tenant NNN Lease with upside potential (below market rents and vacant land for expansion or future development). Prime location adjacent to the freeway in Lehi
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$569,288
|
$19.70
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $569,288 |
| Annual Per SF | $19.70 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
28,896 SF
Building Class
A
Year Built
2021
Price
$9,488,133
Price Per SF
$328.35
Cap Rate
6%
NOI
$569,288
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
9,632 SF
Building FAR
0.21
Lot Size
3.18 AC
Zoning
MU - Mixed Use Commercial and Residential Zoning
Parking
91 Spaces (3.14 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Commuter Rail
- Conferencing Facility
- Courtyard
- Fenced Lot
- Security System
- Signage
- Kitchen
- Accent Lighting
- Reception
- Storage Space
- Bicycle Storage
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Partitioned Offices
- Reception
- Secure Storage
- Wi-Fi
- Yard
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Avadi Laboratories
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Avadi Laboratories | Health Care and Social Assistance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 12-039-0043 | Improvements Assessment | $4,437,500 (2025) |
| Land Assessment | $2,494,500 (2025) | Total Assessment | $6,932,000 (2025) |
PROPERTY TAXES
Parcel Number
12-039-0043
Land Assessment
$2,494,500 (2025)
Improvements Assessment
$4,437,500 (2025)
Total Assessment
$6,932,000 (2025)
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1320 N 300 W
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