2975 Executive PkwyLehi, UT 84043

Property Details for 2975 Executive Pkwy

Year built

2000

Lot size

3.20 AC

Property size (Sq ft)

39,573 SF

Property type

Office properties

Property subtype

Office buildings

APN

53-264-0024

APU

532640024

Description

This exceptional Class A office building at 2975 Executive Parkway in Lehi, Utah, offers multiple executive office suites for lease. Located in the desirable Silicon Slopes area, this single-building property provides unparalleled convenience with easy access to I-15 and a nearby FrontRunner station. The building features a total of two suites, with 18,574 square feet currently available. Flexible space options range from a minimum of 1,500 square feet to a maximum contiguous space of 10,000 square feet, catering to a variety of business needs. The building boasts ample parking with a generous 5 spaces per 1,000 square feet ratio. Modern amenities and a prime location combine to create an ideal workspace. Elevators are available for convenient access to the second and third floors where the available spaces are located. This property offers the lowest rate in the area, making it an exceptional value for businesses seeking a prestigious and efficient office environment in Lehi, UT 84043. The building's strategic location provides easy access to numerous amenities, enhancing the overall work experience. Contact us today to learn more about leasing opportunities and secure your ideal office space in this thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $10,454,767

  6.5%

  $9,650,554

  7%

  $8,961,229

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,928,450

  Geo Method

  $7,928,450

• Alternative Use

  Use

  Valuation

  Residential

  $11,966,688

  Hospitality

  $10,961,421

  Educational

  $9,119,774

  Medical

  $9,433,417

  Retail

  $14,186,315

Location Insight

City

Lehi

County

Utah

State

Utah

Latitude

40.4272

Longitude

-111.897

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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