1650 Digital DrLehi, UT 84043

Property Details for 1650 Digital Dr

Year built

2018

Lot size

7.57 AC

Property size (Sq ft)

131,961 SF

Property type

Office buildings

APN

45-629-0005

APU

456290005

Description

This exceptional Class A office sublease opportunity in Lehi, Utah, offers 27,361 square feet of versatile space within a state-of-the-art building situated in the heart of Silicon Slopes. The property boasts a highly desirable location at 1650 Digital Dr, Lehi, UT 84043, providing convenient access to I-15 and nearby amenities. The space is adaptable to various office configurations, accommodating both traditional and creative office setups, and is suitable for multiple tenants. Features include a modern design, ample parking (5 spaces per 1,000 square feet), elevators, and a well-equipped common area with a break room and conference rooms of varying sizes. The building also offers added conveniences such as an on-site gym and showers, and the space is ready for immediate occupancy with plug-and-play furniture. This is an unparalleled chance to secure a premium office location in one of Utah County's most dynamic business hubs, offering a blend of functionality, comfort, and accessibility. The property is easily accessible from I-15, placing your business within easy reach of a thriving workforce and a wealth of local businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $34,862,732

  6.5%

  $32,180,982

  7%

  $29,882,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,438,386

  Geo Method

  $26,438,386

• Alternative Use

  Use

  Valuation

  Residential

  $39,904,420

  Hospitality

  $36,552,232

  Educational

  $30,411,028

  Medical

  $31,456,910

  Retail

  $47,306,044

Location Insight

City

Lehi

County

Utah

State

Utah

Latitude

40.4206

Longitude

-111.875

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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