3098 Executive PkwyLehi, UT 84043

Property Details for 3098 Executive Pkwy

Year built

2000

Lot size

4.45 AC

Property size (Sq ft)

59,180 SF

Property type

Office properties

Property subtype

Office buildings

APN

53-264-0029

APU

532640029

Description

This exceptional executive office space in Utah County offers a prime location with easy access to I-15. The property, situated at 3098 Executive Parkway, comprises a single building featuring multiple tenancy options, perfect for businesses of varying sizes. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 7,344 square feet, providing flexibility to accommodate diverse operational needs. The building boasts a large shared bathroom for convenient use. A significant advantage is the "plug-and-play" option with furniture available, minimizing setup time and costs for incoming tenants. The location offers unparalleled convenience, with close proximity to the Thanksgiving Point Golf Course and numerous other amenities. Furthermore, the property's strategic placement within walking distance of the FrontRunner Station ensures effortless commuting for employees and clients utilizing public transportation. This presents a unique opportunity to secure high-quality office space in a desirable and well-connected area of Utah County. The building's design and amenities cater to the needs of modern businesses seeking a productive and comfortable work environment. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $15,634,721

  6.5%

  $14,432,050

  7%

  $13,401,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,856,713

  Geo Method

  $11,856,713

• Alternative Use

  Use

  Valuation

  Residential

  $17,895,742

  Hospitality

  $16,392,403

  Educational

  $13,638,287

  Medical

  $14,107,329

  Retail

  $21,215,114

Location Insight

City

Lehi

County

Utah

State

Utah

Latitude

40.4301

Longitude

-111.899

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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