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Lehi Office Investment Opportunity 1220 N 500 W 5,212 SF 100% Leased Office Building Lehi, UT 84043 $2,024,084 CAD ($388.35 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Secure, Stable Investment – Backed by a strong operating history and consistent income stream.
  • Fully Leased to High-Quality Tenants – Ensures reliable cash flow with minimal risk.
  • Attractive 6.77% CAP Rate – Delivers competitive returns in today’s market.
  • Modernized Asset – Renovated in 2015, reducing near-term capital expenditures and enhancing long-term value.

EXECUTIVE SUMMARY

Secure, Stable Investment – Backed by a strong operating history and consistent income stream.
Attractive 6.77% CAP Rate – Delivers competitive returns in today’s market.
Fully Leased to High-Quality Tenants – Ensures reliable cash flow with minimal risk.
Modernized Asset – Renovated in 2015, reducing near-term capital expenditures and enhancing long-term value.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,212 SF
Building Class
B
Year Built
2004
Price
$2,024,084 CAD
Price Per SF
$388.35 CAD
Cap Rate
7%
NOI
$141,756 CAD
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
Parking
20 Spaces (3.67 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-389-0001
Land Assessment
$533,069 CAD
Improvements Assessment
$900,805 CAD
Total Assessment
$1,433,874 CAD
  • Listing ID: 37459997

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 1220 N 500 W, Lehi, UT 84043

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