Lehi, UT Commercial Real Estate for Lease and Sale

Explore 81 listings of Lehi commercial real estate for lease and for sale to find the best space for your business.

Thanksgiving Station 2

1900 West Ashton Blvd, Pointe Meadow - Jordan Pointe, Lehi, UT
Property

Office

150,000 SF
Availability

1 Space

2,076 SF
Year Built

2019
For Lease

$31.00/SF/YR
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Thanksgiving Park 4

2600 West Executive Pkwy, Thanksgiving Meadows, Lehi, UT
Property

Office

143,474 SF
Availability

4 Spaces

41,251 SF
Year Built

2013
For Lease

$22.00 - $23.00/SF/YR
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2600 North Ashton Blvd

2600 North Ashton Blvd, Thanksgiving Meadows, Lehi, UT
Property

Office

150,000 SF
Availability

1 Space

33,700 SF
Year Built

2016
For Lease

$24.00/SF/YR
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UVU Lehi Campus | East

2889 Executive Pkwy, Thanksgiving Meadows, Lehi, UT
Property

Office
Availability

1 Space

2,075 SF
For Lease Contact for pricing
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Lehi Spectrum - Building 2

1550 West Digital Drive, Provence - Madison Place, Lehi, UT
Property

Office

125,000 SF
Availability

5 Spaces

96,764 SF
Year Built

2020
For Lease

$28.00/SF/YR
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Thanksgiving Station 4

2801 North Thanksgiving Way, Pointe Meadow - Jordan Pointe, Lehi, UT
Property

Office

148,580 SF
Availability

3 Spaces

29,538 SF
Year Built

2016
For Lease Contact for pricing
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Traverse Ridge
Regus
3450 N. Triumph Blvd Suite 102, Lehi, UT
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Coopers Hollow Office Park

220 North 1200 East, Hunters Grove, Lehi, UT
Property

Office

57,836 SF
Availability

2 Spaces

4,634 SF
Year Built

2008
For Lease

$20.00/SF/YR
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Park 1200 - Building 1

3400 North 1200 West, Bull River - Green Hills, Lehi, UT
Property

Office

33,567 SF
Availability

1 Space

4,942 SF
Year Built

2016
For Lease

$27.00/SF/YR
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Thanksgiving Park 3

2500 West Executive Pkwy, Thanksgiving Meadows, Lehi, UT
Property

Office

140,625 SF
Availability

2 Spaces

37,433 SF
Year Built

2013
For Lease

$26.00/SF/YR
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Thanksgiving Park 2

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

Office
Availability

1 Space

4,646 SF
For Lease Contact for pricing
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Lehi Residential Land - 500 S Center Street

500 S Center St, Monri Estates - Willes Acres, Lehi, UT
Property

Other
For Sale

$3,116,000
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Thanksgiving Station 4

2801 N Thanksgiving Way, Pointe Meadow - Jordan Pointe, Lehi, UT
Property

Office
Availability

2 Spaces

15,140 SF
For Lease Contact for pricing
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Lehi Tech Park

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

Office

64,189 SF
Availability

1 Space

15,722 SF
Year Built

2019
For Lease

$24.00/SF/YR
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Lehi Station - 2901 North Ashton Blvd

2901 North Ashton Blvd, Thanksgiving Meadows, Lehi, UT
Property

Office

139,088 SF
Availability

1 Space

21,816 SF
Year Built

2016
For Lease Contact for pricing
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Pioneer Plaza - Retail / Office For Lease

1010 S 1100 W, Stage Coach - Summerset, Lehi, UT
Property

Office
Availability

1 Space

7,200 SF
For Lease Contact for pricing
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Holbrook Farms

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

Other
Availability

1 Space

4 Acre
For Lease Contact for pricing
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Thanksgiving Station 5 | For Sublease

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

Office
Availability

2 Spaces

17,245 SF
For Lease Contact for pricing
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Sky View Business Park

4000 Flash Dr, Bull River - Green Hills, Lehi, UT
Property

Office
Availability

1 Space

500,000 SF
For Lease Contact for pricing
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2100 North 2300 West - Lehi

2100 N 2300 W, Colony Point - Meadow Vista, Lehi, UT
Property

Other

1,884 SF
For Sale Contact for pricing
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Thanksgiving Park 2

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

Office

143,459 SF
Availability

2 Spaces

24,842 SF
Year Built

2011
For Lease

$24.00 - $26.00/SF/YR
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Willow Creek Court Warehouse

520 S 850 E, Sugar Mill Estates - Mill Pond, Lehi, UT
Property

Industrial
Availability

3 Spaces

21,421 SF
For Lease Contact for pricing
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Willow Park Medical Center - Building B

2135 West Main Street, Gray Farms - Pret's Place, Lehi, UT
Property

Office

33,000 SF
Availability

1 Space

2,907 SF
Year Built

2022
For Lease

$20.00/SF/YR
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North Slope

4100 North Chapel Ridge Road, Harvest Homes - Country Run, Lehi, UT
Property

Office

146,512 SF
Availability

3 Spaces

28,755 SF
Year Built

2018
For Lease

$25.00 - $29.00/SF/YR
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1300 West Traverse Pkwy

1300 West Traverse Pkwy, Vista Ridge - Chapel Bend, Lehi, UT
Property

Office

206,729 SF
Availability

1 Space

25,080 SF
Year Built

2016
For Lease

$25.00/SF/YR
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1633 West Innovation Way
WeWork
1633 W Innovation Way 4th & 5th Floor, Lehi, UT
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Access to global network

Bike storage

Cleaning services

Ethernet

EV charging stations

Fitness center

High-speed wifi

IT support

Kitchen

Mother’s room
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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 2,319,344 square feet of office space across 49 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 19,432 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 393,430 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 1,950,929 square feet of available listings. Industrial space available in Lehi adds up to 588,427 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 $26.43 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 Stage Coach - Summerset submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Thanksgiving Meadows.

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 $31 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 105,425 square feet.
Retail properties here incorporate an average of 6,478 square feet.
Industrial space in Lehi is in buildings that are, on average 78,686 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 2,956,238 square feet. The market offers 48 active office listing(s), which amount to 1,950,929 square feet and account for 70% of commercial spaces on the market. Local retail availability includes 76,972 square feet across 7 retail space(s). Industrial space for rent opportunities in Lehi amount to 588,427 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	48	1,950,929
Retail	7	76,972
Industrial	9	588,427
Other	4	339,910

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 1,633,848 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	5,603
Retail	1	4,014
Industrial	1	26,700
Other	7	1,597,531

Lehi, UT Commercial Real Estate for Lease and Sale

Thanksgiving Station 2

Thanksgiving Park 4

2600 North Ashton Blvd

UVU Lehi Campus | East

Lehi Spectrum - Building 2

Thanksgiving Station 4

Traverse Ridge

Coopers Hollow Office Park

Park 1200 - Building 1

Thanksgiving Park 3

Thanksgiving Park 2

Lehi Residential Land - 500 S Center Street

Thanksgiving Station 4

Lehi Tech Park

Lehi Station - 2901 North Ashton Blvd

Pioneer Plaza - Retail / Office For Lease

Holbrook Farms

Thanksgiving Station 5 | For Sublease

Sky View Business Park

2100 North 2300 West - Lehi

Thanksgiving Park 2

Willow Creek Court Warehouse

Willow Park Medical Center - Building B

North Slope

1300 West Traverse Pkwy

1633 West Innovation Way

Frequently Asked Questions

Lehi, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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Popular Retail Searches

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About us