1657 N State St, Lehi, UT 84043

$7,100,000
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List Price
$7,100,000
Status
ACTIVE
MLS#
2184157
Days on Market
0
Year Built
1993
Parcel Number
53-128-0011
Acres
2
County
Utah
Region
Am Fork; Hlnd; Lehi; Saratog.
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Property 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

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Additional Information

Taxes
$30,611
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Calculator source: Real Geeks

Listing courtesy of In Depth Realty (Elite).

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