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1657 N State St, Lehi, UT

$7,100,000

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2.00

Acres

About 1657 N State St

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

Features of 1657 N State St

MLS® # 2184157
Price $7,100,000
Acres 2.00
Year Built 1993
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 1657 N State St
Area Am Fork; Hlnd; Lehi; Saratog.
City Lehi
County Utah
State UT
Zip Code 84043

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed September 9th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMckay Winkel
OfficeIn Depth Realty (Elite)
Contact Info801-576-2564

Listing Map

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