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525 S 850 E 73,172 SF 84% Leased Office Building Lehi, UT 84043 $14,700,000 ($200.90/SF) 7.78% Cap Rate



Investment Highlights
- 73,172 Total Square FT Heavy Commercial building located between two I-15 Lehi exits
Executive Summary
7.78% CAP Estimated Stabilized NOI
Building Size: 73,172 Total Square Feet
Price: $14,700,000
Year Built: 2013 - 2022
Total Land: 3.94 acres
Property Type: Multi Tenant Office
Zoning: C-H (Heavy Commercial)
Conveniently Located Between Two I-15 Exits
Great Building Signage
Close Access to Restaurants and Shopping at The Meadows in Lehi
Contact Broker for information regarding the property and improvements.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,393,895
|
$19.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,393,895
|
$19.05
|
| Taxes |
$141,433
|
$1.93
|
| Operating Expenses |
$108,200
|
$1.48
|
| Total Expenses |
$249,633
|
$3.41
|
| Net Operating Income |
$1,144,262
|
$15.64
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $1,393,895 |
| Annual Per SF | $19.05 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,393,895 |
| Annual Per SF | $19.05 |
| Taxes | |
|---|---|
| Annual | $141,433 |
| Annual Per SF | $1.93 |
| Operating Expenses | |
|---|---|
| Annual | $108,200 |
| Annual Per SF | $1.48 |
| Total Expenses | |
|---|---|
| Annual | $249,633 |
| Annual Per SF | $3.41 |
| Net Operating Income | |
|---|---|
| Annual | $1,144,262 |
| Annual Per SF | $15.64 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Action Solar is a fully-integrated, full service Solar provider. Solar is the cleaner, safer way to power your home or business. They understand that converting to solar power isn't a "one size fits all." Their team of engineers and designers customize the panels and installation plan to best fit your needs. Their experienced sales, install and maintenance experts are equipped and ready to assist you every step of the way.
Briostack’s powerful pest control software empowers you to improve efficiencies, drive more revenue, and improve customer satisfaction—all from a single, easy-to-use solution. See how our features help pest control companies surpass their growth goals.
- Danville Services
- -
- -
- -
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Starting in 2012, we began sourcing and selling our own products on Amazon. After gaining experience selling in a variety of categories and finding out what works, we started helping out other brands. Within a year, our focus began to shift, as more companies sought our help to promote and sell products on Amazon. Recognizing the growing needs of brands looking to find success on Amazon, we started consulting with and managing Amazon accounts. With years of experience, helping brands of all sizes succeed we have become a full-service Amazon account management company focused on improving rankings, boosting conversions and increasing sales velocity. Today, Evolved Commerce is an industry leader in Amazon brand management and sales acceleration, helping hundreds of brands navigate and thrive on the Amazon marketplace.
- PF Staffing
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When pests invade a home or property, it’s important to address the issue quickly. Ridd Pest Control is here to help. Their team of experienced, locally-based pest control professionals treats each home with the care it deserves, always upholding high standards to ensure ongoing success and complete customer satisfaction. Ridd Pest Control aims to be more than just a service provider; they focus on building lasting relationships with each customer, fostering trust and long-term satisfaction. The company takes the protection of property seriously, and their commitment to quality work reflects this dedication.
- Utah Behavior Services, Inc
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Construction | - | - | - | - | |
|
Services | - | - | - | - | |
| Danville Services | - | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | Modified Gross | - | |
| PF Staffing | - | - | - | - | - | |
|
Services | - | - | - | - | |
| Utah Behavior Services, Inc | - | - | - | - | - |
Property Taxes
| Parcel Number | 35-627-0001 | Total Assessment | $16,354,900 |
| Land Assessment | $1,882,000 | Annual Taxes | $141,433 ($1.93/SF) |
| Improvements Assessment | $14,472,900 | Tax Year | 2025 |
Property Taxes
Presented by
525 S 850 E
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