Lehi, UT Commercial Real Estate for Lease and Sale

Explore 88 listings of Lehi commercial real estate to find the best space for your business.

Bellaview Place - For Lease

1200 W 3200 N, Bull River - Green Hills, Lehi, UT
Property

Retail
Availability

1 Space

3,911 SF
For Lease Contact for pricing
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Thanksgiving Park 2

3300 N Ashton Blvd, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

13,278 SF
For Lease Contact for pricing
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Lehi Food Center

600 West State Street, White Fence Farms - Courtyard Cove, Lehi, UT
Property

Retail

1,995 SF
Availability

2 Spaces

1,995 SF
For Lease Contact for pricing
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Lehi Office | For Sublease

240 N 1200 E, Hunters Grove, Lehi, UT
Property

Office
Availability

1 Space

4,634 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Industrial Land
Unit 1 & 2 | For Lease

333 Millpond Dr, Lehi Interstate Plaza, Lehi, UT
Property

Industrial
Availability

1 Space

12,530 SF
For Lease Contact for pricing
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Holbrook Farms

2100 North 3600 West (NWC), Spring Haven, Lehi, UT
Property

Retail
Availability

1 Space

4 Acre
For Lease Contact for pricing
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The Terrace @ Traverse Mountain

3651 N. Traverse Mountain Blvd., Harvest Homes - Country Run, Lehi, UT
Property

Retail
Availability

1 Space

3,472 SF
For Lease Contact for pricing
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Thanksgiving Park 4

2600 W. Executive Pkwy., Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

9,875 SF
For Lease Contact for pricing
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Pioneer Crossing Land | For Sale

1100 Pioneer Crossing, Stage Coach - Summerset, Lehi, UT
Property

Other
For Sale

$6,272,000
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Mountain Point Office | For Lease

2940 W Maple Loop Dr, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

4,170 SF
For Lease Contact for pricing
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Thanksgiving Park VI | Suite 150

3401 N Thanksgiving Way, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

9,596 SF
For Lease Contact for pricing
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3051 W Maple Loop Drive

3051 W Maple Loop Drive, Thanksgiving Meadows, Lehi, UT
Property

Office

1,942 SF
Availability

1 Space

1,942 SF
For Lease

$22.50/SF/YR
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S & S Industrial Park - Building 2

770 South 850 East, Sugar Mill Estates - Mill Pond, Lehi, UT
Property

Industrial

42,000 SF
Availability

1 Space

5,636 SF
Year Built

2021
For Lease

$1.21/SF/MO
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Discovery Pointe II

1250 East 200 South, Lehi Interstate Plaza, Lehi, UT
Property

Office

64,045 SF
For Sale

$20,174,175
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Thanksgiving Station | Building 5

2000 W Ashton Blvd, Pointe Meadow - Jordan Pointe, Lehi, UT
Property

Office
Availability

1 Space

7,392 SF
For Lease Contact for pricing
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Younique Office Building

3400 W Mayflower Ave, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

25,000 SF
For Lease Contact for pricing
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The Ridge Shopping Center

3320 N Digital Drive, Provence - Madison Place, Lehi, UT
Property

Retail
Availability

1 Space

1 Acre
For Lease Contact for pricing
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Innovation Pointe I | For Sublease

1633 W Innovation Way, Provence - Madison Place, Lehi, UT
Property

Office
Availability

2 Spaces

67,621 SF
For Lease Contact for pricing
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101 N 1200 E.

101 N 1200 E, Hunters Grove, Lehi, UT
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
For Lease

$30.00/SF/YR
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Innovation Pointe IV | For Lease

1355 W Innovation Way, Provence - Madison Place, Lehi, UT
Property

Office
Availability

1 Space

5,552 SF
For Lease Contact for pricing
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3046 W Maple Loop

3046 W Maple Loop Drive, Thanksgiving Meadows, Lehi, UT
Property

VacantLand

1.59 Acre
For Sale

$1,800,770
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405 Mill Pond Dr

405 Mill Pond Dr, Sugar Mill Estates - Mill Pond, Lehi, UT
Property

VacantLand

8.5 Acre
For Sale

$4,600,000
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Prime I-15 Land/Retail

1200 E. Main St., Lehi Interstate Plaza, Lehi, UT
Property

VacantLand

4.5 Acre
Availability

1 Space

4.5 Acre
For Lease Contact for pricing
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Lehi Tech Center 3rd Floor

300 South 1350 East, Lehi Interstate Plaza, Lehi, UT
Property

Office

15,446 SF
Year Built

2019
For Sale

$4,972,288.06
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Lehi Marketplace

785 E 200 S, Lehi Interstate Plaza, Lehi, UT
Property

Retail

2,982 SF
Availability

3 Spaces

2,982 SF
Year Built

1998
For Lease

$0.39 - $35.00/SF/YR
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Thanksgiving Park 1 | For Sublease

3400 Ashton Blvd, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

2,650 SF
For Lease Contact for pricing
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Innovation Pointe III | For Lease

1441 W Innovation Way, Provence - Madison Place, Lehi, UT
Property

Office
Availability

1 Space

7,546 SF
For Lease Contact for pricing
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Traverse Mountain II

1100 W Traverse Pkwy, Vista Ridge - Chapel Bend, Lehi, UT
Property

Office
Availability

1 Space

58,204 SF
For Lease Contact for pricing
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Suite 204 | Available for Sublease

4161 N Thanksgiving Way, Thanksgiving Meadows, Lehi, UT
Property

Retail
Availability

1 Space

1,590 SF
For Lease Contact for pricing
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View 21 - Office For Lease

2100 N 3600 W, Spring Haven, Lehi, UT
Property

Office
Availability

1 Space

82,500 SF
For Lease Contact for pricing
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Center Pointe @ Lehi

1238-1748 E. 3500 N., Center Pointe - Autumn Ridge, Lehi, UT
Property

Retail
Availability

1 Space

10,340 SF
Year Built

2008
For Lease Contact for pricing
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Thanksgiving Park 5 | For Lease

3301 N Ashton Blvd, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

30,314 SF
For Lease Contact for pricing
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UVU Lehi Campus | West

2912 Executive Pkwy, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

4,812 SF
For Lease Contact for pricing
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4275 N Thanksgiving Way

4275 N Thanksgiving Way, Thanksgiving Meadows, Lehi, UT
Property

Industrial

26,700 SF
Year Built

1990
For Sale

$8,500,000
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The Summit | For Lease

3900 N Traverse Mountain Blvd, Vista Ridge - Chapel Bend, Lehi, UT
Property

Office
Availability

1 Space

10,551 SF
For Lease Contact for pricing
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Innovation Pointe II | Sublease

1557 W Innovation Way, Provence - Madison Place, Lehi, UT
Property

Office
Availability

1 Space

29,336 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lehi commercial real estate market incorporates 2,405,616 square feet of office space across 58 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Lehi, the coworking segment of the commercial real estate market incorporates about 5,612 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lehi commercial real estate market includes 29,670 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lehi market, there is a total of 178,272 square feet of industrial property.

The listing inventory in Lehi incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lehi is represented by Office space, which accounts for 1,668,195 square feet of available listings. Retail space available in Lehi adds up to 248,204 square feet.

Meanwhile, most of the listings of commercial property for sale in Lehi are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lehi is $23.95 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lehi can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lehi, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Lehi is in the Thanksgiving Meadows neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Thanksgiving Meadows area.

Meanwhile, retail space opportunities are most abundant in the Lehi Interstate Plaza submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Sugar Mill Estates - Mill Pond.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot. In particular, the property type commanding the highest lease rates in Lehi was Office space.

The average size of a commercial property in Lehi depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lehi, the average size of an office property is 80,188 square feet.
Retail properties here incorporate an average of 5,934 square feet.
Industrial space in Lehi is in buildings that are, on average 59,424 square feet in size.

Lehi, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lehi currently add up to 2,286,338 square feet. The market offers 54 active office listing(s), which amount to 1,642,501 square feet and account for 72% of commercial spaces on the market. Local retail availability includes 248,204 square feet across 11 retail space(s). Industrial space for rent opportunities in Lehi amount to 105,818 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	54	1,642,501
Retail	11	248,204
Industrial	6	105,818
Other	3	289,816

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lehi, UT. Currently, there is 151,239 square feet of commercial property for sale here , which includes 4 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	122,645
Industrial	1	26,700
Other	6	1,894

Lehi, UT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lehi, UT?

What factors affect the price of commercial real estate in Lehi, UT?

What is the average rent for commercial space in Lehi, UT?

What are the best areas for commercial real estate in Lehi, UT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lehi, UT?

Lehi, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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