1550 Digital DrLehi, UT 84043

Property Details for 1550 Digital Dr

Year built

2020

Lot size

6.91 AC

Property size (Sq ft)

147,368 SF

Property type

Office buildings

APN

45-629-0002

APU

456290002

Description

This exceptional Class A office sublease opportunity in Lehi, Utah, presents 14,041 square feet of fully furnished, traditional office space on the third floor of 1550 Digital Drive, 84043. The suite offers a highly competitive full-service lease rate of $28.00 per square foot. Ample parking is provided with a 5/1,000 ratio, ensuring convenient access for employees and guests. On-site amenities include a gym and showers, enhancing employee well-being and convenience. The location provides easy access to I-15, facilitating seamless commuting. The space is immediately available with a flexible lease term, making it an ideal turnkey solution for businesses seeking a modern and efficient workspace. The building features elevators. This is a multiple tenancy building, with a minimum divisible space of 14,041 square feet and a maximum contiguous space of 14,041 square feet. Located in Utah County, this property offers a prime location for businesses seeking a thriving and accessible environment.

• CAP approach

  CAP return

  Valuation

  6%

  $38,933,352

  6.5%

  $35,938,480

  7%

  $33,371,444

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,525,178

  Geo Method

  $29,525,178

• Alternative Use

  Use

  Valuation

  Residential

  $44,563,712

  Hospitality

  $40,820,120

  Educational

  $33,961,864

  Medical

  $35,129,864

  Retail

  $52,829,564

Location Insight

City

Lehi

County

Utah

State

Utah

Latitude

40.4199

Longitude

-111.874

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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