1657 N State St, Lehi, Utah 84043
  • $7,100,000

Overview

Property ID: HZ2184157
  • Commercial Sale
  • Property Type

Description

Newly renovated (2022) industrial building conveniently located in Lehi right off the 2100 S I-15 Interchange. Tenant in place. Priced aggressively at a 6.5% cap rate on year 1 NOI. Below market rents with 11% bump in year one, 3% annual bumps thereafter. Priced well below replacement cost and a great price per square foot at $176. Potential Owner/User building as well. Building information and square footage figures are provided as a courtesy only. Buyer is advised to verify all information

  • Address: 1657 N State St, Lehi, Utah 84043
  • City: Lehi
  • State/county: UT
  • Zip/Postal Code: 84043
  • Country: US

Details

Updated on October 13, 2026 at 8:37 pm
  • Property ID HZ2184157
  • Price $7,100,000
  • Land Area 2 Acres
  • Year Built 1993
  • Property Type Commercial Sale
  • Property Status Pending

Additional details

  • County Utah
  • Property Type Commercial Sale

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