355 520Lindon, UT 84042

Property Details for 355 520

Year built

2000

Lot size

2.69 AC

Property size (Sq ft)

40,784 SF

Property type

Office properties

Property subtype

Office buildings

APN

40-283-0004

APU

402830004

Description

Located in the heart of Silicon Slopes, Lindon Tech Center offers exceptional office space within a highly desirable business community. This Class B building boasts 20,000 square feet of total space, with two suites currently available. The minimum divisible space is 7,362 square feet, while the maximum contiguous space available is 9,932 square feet. A significant 17,294 square feet is currently vacant, presenting a unique opportunity for businesses seeking immediate occupancy. The property features contemporary two-story lobbies with generous glass, creating a bright and inviting atmosphere. Enjoy a park-like setting with abundant parking and the stunning backdrop of Mount Timpanogos. Benefit from excellent access to I-15 via the 1600 North exit, providing convenient commuting for employees and clients. The building's location offers close proximity to both Brigham Young University (BYU) and Utah Valley University (UVU), tapping into a rich talent pool. Building signage is available, enhancing visibility and brand recognition. Multiple fiber optic providers ensure high-speed internet connectivity, crucial for modern businesses. Highly competitive and negotiable lease rates are available, making this an attractive option for businesses of various sizes. Building improvements and amenities contribute to a productive and comfortable work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $10,829,609

  6.5%

  $9,996,562

  7%

  $9,282,522

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,171,074

  Geo Method

  $8,171,074

• Alternative Use

  Use

  Valuation

  Residential

  $12,395,737

  Hospitality

  $11,354,428

  Educational

  $9,446,751

  Medical

  $9,771,639

  Retail

  $14,694,946

Location Insight

City

Lindon

County

Utah

State

Utah

Latitude

40.3318

Longitude

-111.727

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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