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1320 N 300 W 28,896 SF 4-Star Office Building Lehi, UT 84043 $13,349,803 CAD ($461.99 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$800,988
|
$27.72
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $800,988 |
| Annual Per SF | $27.72 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
28,896 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
2021/2024
Price
$13,349,803 CAD
Price Per SF
$461.99 CAD
Cap Rate
6%
NOI
$800,988 CAD
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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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-039-0043 | Improvements Assessment | $6,302,182 CAD (2025) |
| Land Assessment | $3,542,714 CAD (2025) | Total Assessment | $9,844,896 CAD (2025) |
Property Taxes
Parcel Number
12-039-0043
Land Assessment
$3,542,714 CAD (2025)
Improvements Assessment
$6,302,182 CAD (2025)
Total Assessment
$9,844,896 CAD (2025)
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1320 N 300 W
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