For Lease
$50,000/SF/YR

140 850 Lehi, UT 84043

Prime 0.28-acre parcel, ground lease or sale.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 0.28-acre commercial parcel in Lehi, Utah, presents a unique investment opportunity. Zoned C, this property offers a single-tenancy retail space ideal for a drive-thru business. Located near the intersection of East Drive and Main Street, it benefits from exceptional visibility and high traffic counts. The property boasts over 175,400 average daily traffic (ADT) on I-15 and an additional 24,994 ADT on Main Street, ensuring significant exposure to potential customers. The parcel's APN is 45:224:0007 within Utah County. Investors have two options: a ground lease at $50,000 annually or an outright purchase for $425,000. This strategic location and high traffic volume make this property an attractive investment for businesses seeking maximum visibility and accessibility. The property's convenient access to I-15 further enhances its appeal. Don't miss this chance to secure a prime retail location in a thriving Utah County market. This is a rare opportunity to acquire a highly visible and accessible commercial property in a rapidly growing area. The property's zoning and location make it suitable for a variety of drive-thru businesses.

Highlights

  • 0.28-acre parcel in Lehi, UT.
  • Ground lease available at $50,000 per year, or purchase for $425,000.
  • Excellent I-15 visibility.
  • High traffic counts: I-15 ADT 175,400+, Main Street ADT 24,994.
  • Located near 850 East/Main Street; APN 45:224:0007; Utah County; C Zoning.

Property Details for 140 850

Property type
Retail properties, Land
RSF (Rentable sq. ft)
12,197 SF

Unit(s) available at that property

Space
Size
12,197 SF
Rate per SF
$50,000

Location Insight

City
Lehi
County
Utah
State
Utah
Latitude
40.389759664182
Longitude
-111.83601337432

FAQs

What type of property is this?
Retail property - Prime 0.28-acre parcel, ground lease or sale.
Where is the retail property located?
The property is located at 140 850 Lehi, UT.
What is the lease rate?
The lease rate is $50,000/SF/YR.
What are key features of this property?
This property features: 0.28-acre parcel in Lehi, UT.; Ground lease available at $50,000 per year, or purchase for $425,000.; Excellent I-15 visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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140 850
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