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122 Commercial Real Estate Listings in Lehi, UT

Lehi, UT Commercial Real Estate

There are currently 131 commercial listings available in Lehi, UT. These listings include 100 commercial spaces that encompass a total of 2,440,975 square feet. Available commercial spaces in Lehi, UT range in size from 1 square feet to 500,000 square feet. A total of 60 off-market commercial properties located in Lehi, UT are also available for research.

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Lehi, UT Commercial Inventory Breakdown

In 2022 the Lehi, UT commercial real estate market totaled 7,137,069 square feet of office spaces, 1,241,794 square feet of office spaces with retail, and 2,675,825 square feet of industrial space.

Office Spaces

Total: 7,137,069 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 828,068 SqFt 11.6% of total office
100k to 500k SqFt 6,309,001 SqFt 88.4% of total office
By class:
Class A 5,407,486 SqFt 75.77% of total office
Class B 496,389 SqFt 6.96% of total office


Class A office space holds a 75.77% share of the overall Lehi, UT office market, while Class B office assets make up approximately 6.96%.

Industrial

Total: 2,675,825 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 444,259 SqFt 16.6% of total industrial
100k to 500k SqFt 398,015 SqFt 14.87% of total industrial
500k to 1M SqFt 1,833,551 SqFt 68.52% of total industrial
By class:
Class A 2,485,107 SqFt 92.87% of total industrial
Class B 190,718 SqFt 7.13% of total industrial
There are 398,015 square feet of commercial real estate properties between 100k to 500k square feet, representing 14.87% of the Lehi, UT industrial inventory.

Office Spaces with Retail

Total: 1,241,794 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 248,276 SqFt 19.99% of total office with retail
100k to 500k SqFt 993,518 SqFt 80.01% of total office with retail

Lehi, UT Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Lehi, UT Office 49 2,137,500
Lehi, UT Retail 5 116,874
Lehi, UT Industrial 6 178,610
Lehi, UT Other 80 2,643,541
Ofice Icon

49

Office

Industrial Icon

6

Industrial

Retail Icon

5

Retail

Current local active listing encompass 5,076,525 square feet of commercial space for lease in Lehi. There are 49 active office listings, which amount to 2,137,500 square feet and account for 35% of commercial spaces on the market. Local retail availability includes 116,874 square feet across 5 listings. Current industrial offerings on the market amount to 178,610 square feet across a total of 6.

Employment in Lehi, UT

Employed Population 27,978

Employed population - Industry % Distribution

Management, business, science, and arts occupations

55%

Sales and office occupations

22%

Production, transportation, and material moving occupations

9%

Service occupations

8%

Natural resources, construction, and maintenance occupations

7%

In 2020, roughly 55% of a total of 27,978 employed in Lehi worked in Management, business, science, and arts occupations, followed by 22% in Sales and office occupations and 9% in Production, transportation, and material moving occupations.

Income per capita $32,619  Median household income $105,280

Household income

16%

Under $50k

29%

$50k - $100k

45%

$100k - $200k

10%

Over $200k

The median household income in Lehi stands at $105,280, with per capita income at $32,619. Households earning between $50k and $100k represent 29% of the total, while those earning over $200k make up 10%. Approximately 16% of Lehi households earn less than $50k per year.

Commuting in Lehi, UT

Mean travel time to work 24 minutes

Means of transportation to work

75.30%

Driving alone

8.80%

Carpool

3.30%

Public transit

0.00%

Bicycle

0.70%

Walking

1.80%

Other

10.10%

Work at Home

*Universe: Workers 16 and over

Education in Lehi, UT

High school grad or higher 97%

Bachelor's degree or higher 47%

Population by minimum level of education

3%

No degree

15%

High school

36%

Some College

32%

Bachelor's

15%

Post-grad

*Universe: Workers 25 and over

An estimated 97% of Lehi residents aged 25 or over hold a high school degree or higher. Of those, 15% are high school graduates, 36% attended some college, 32% earned a bachelor's degree, with an additional 15% holding post-graduate degrees.

Lehi, UT Demographics

As of 2020, Lehi had a total population of 69,742, with a median age of 26.60 years. Roughly 55.10% of the total population was between the ages of 16 and 64 years old.