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1500 3600 West - Exchange Business Center

0.5 Acres of Commercial Land Offered at £378,541 in Lehi, UT 84043

Investment Highlights

  • .5 acre pad - allowing up to 5,000 sqft building foot print with ability to go 3 stories
  • Building A2 - 1 story, 2,400 sqft - Building A3 - 2 story, 3,600 sqft
  • Traffic: currently 2,650 cars per day (1,061 AM & 1,589 PM) with major growth expected over the next 12-24 months!
  • Business condo option creates a great multi-tenant investment opportunity (see site plan)
  • Near Thanksgiving Point and less than 1 mile from IHC Primary Children’s Hospital
  • Surrounded by over 11,000 current and planned households that are underserved

Executive Summary

This is a prime investment opportunity, located less than 1 mile from the new IHC Primary Children's Hospital, and located in a highly dense and greatly undeserved area. Option to do business condos creates a great multi-tenant scenario to maximize returns. Buildings A2 & A3 on the plat map show an approved concept with a 2,400 sqft 1 story building and 3,600 sqft 2 story building (total 9,000 sqft of potential building space)1500 N & 3600 W intersection to receive traffic signal by this fall and 1500 N to connect to Redwood Rd as well, making this a prime highly visible intersection. An additional 5 commercial/retail buildings are planned on this site, which will greatly increase the value of your investment. Property will be part of a commercial HOA for common areas and parking. Seller open to selling other pads and spaces as well.

Property Facts

Price £378,541
Sale Type Investment
Sale Conditions
Design & Build
  • Tenants option to buy property
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Neighborhood Centre
  • Restaurant
Total Lot Size 0.50 AC
Cross Streets 2100 N

1 Lot Available

Lot A2/A3

Price £378,541
Price Per AC £757,082
Lot Size 0.50 AC

One .5 acre pad - allowing up to 5,000 sqft building footprint in prime new retail location, surrounded by over 11,000 current and planned households. Positioned on the high traffic corner of 1500 N and 3600 W. Excellent retail or office location.

zoning

Zoning Code Neighborhood Commercial (See Lehi City zoning ordinances for allowable uses.)
Neighborhood Commercial (See Lehi City zoning ordinances for allowable uses.)
  • Listing ID: 33272695

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 1500 3600 West, Lehi, UT 84043

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