3300 Triumph BlvdLehi, UT 84043

Property Details for 3300 Triumph Blvd

Year built

2019

Lot size

5.22 AC

Property size (Sq ft)

202,521 SF

Property type

Office buildings

APN

49-877-0005

APU

498770005

Description

This exceptional Class A office space, part of the prestigious Traverse Ridge Center III in Lehi, Utah, offers 2,440 square feet of immediately available space within a larger 220,000 square foot, three-building complex. Built in 2019, this nine-story building boasts a prime location at 3300 Triumph Blvd, 84043, providing easy access to both Salt Lake and Utah Counties via I-15, and situated near the SR 92 exit. The property sits on 22 acres and offers convenient access to major destinations including Cabela's, Thanksgiving Point, Factory Outlets, and the new Adobe Campus. Future development plans include a nearby UTA light rail station connecting to Salt Lake County, Salt Lake International Airport, and Utah County, along with new restaurants and shopping. The property features a total of 5 parking spaces. While the maximum contiguous space available within the complex is 30,000 square feet, this listing focuses on the currently available 2,440 square feet of professional office space. Benefit from the high traffic counts and spectacular views in one of Utah's fastest-growing communities. This is a multi-tenant building offering a unique opportunity to establish a presence in a thriving business environment.

• CAP approach

  CAP return

  Valuation

  6%

  $53,503,872

  6.5%

  $49,388,188

  7%

  $45,860,460

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,575,084

  Geo Method

  $40,575,084

• Alternative Use

  Use

  Valuation

  Residential

  $61,241,356

  Hospitality

  $56,096,752

  Educational

  $46,671,840

  Medical

  $48,276,956

  Retail

  $72,600,640

Location Insight

City

Lehi

County

Utah

State

Utah

Latitude

40.4288

Longitude

-111.879

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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