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24658169
24658170

1320 N 300 W, Lehi, UT 84043

RM
UT 5537738SA00
Capital Advisors Real Estate
Listed by Capital Advisors Real Estate
$9,488,133
329 days on market
Updated 84 days ago

DANDY INVESTMENT

Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 28,896
Units 2
Cap Rate 6%
NOI $569,288
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $328
Class A
Acreage 3.180
Zoning MU
Investment Type Net Lease
Tenant Credit Credit Rated
Sale Condition For sale by owner

Singe Tenant NNN investment with upside potential

Marketing description

This newly renovated, state-of-the-art 28,896 sq. ft. building is a rare opportunity in the heart of Silicon Slopes. Perfectly

positioned adjacent to the I-15 freeway between the booming Salt Lake City and Provo metros, this location offers unmatched

exposure to over 1 million vehicles weekly.

Sitting on a spacious 3.18-acre lot, the property not only delivers today, but also provides room for future development with

the potential to add additional structures. Zoned Mixed Use Commercial and Residential, it offers incredible flexibility for

commercial and/or residential uses.

Features include:

91 parking stalls – 42 surface level spaces and 49 in a secure underground garage

Two high-visibility freeway billboards (currently leased)

Millions invested in Class A interior remodeling

A backup generator capable of powering the entire building

This property is a rare find— unmatched visibility and exposure in one of Utah’s most dynamic regions.

Investment highlights

This turnkey investment features a single tenant NNN Lease opportunity in one of the most desirable locations in Utah.

The property provides the unique opportunity to have significant upside potential with a blended lease rate below $20 per sq. ft. and

ample vacant land for future expansion and/or new development. The Mixed Use zoning allows for a wide range of uses.

The Tenant is DBA as dandy who is an innovative 100% digital dental lab who is thriving in the dental community whose highlights

include:

Among the top dental labs in the region and steadily growing.

Industry estimates place their annual sales around $150m with consistently strong financial performance.

dandy has been described in several tech-industry profiles as being one of the “fastest growing startups in the U.S.”.

dandy is occupying the whole building with a lease expirations of 6/30/2032 on the main level, and 10/31/2027 on the 2nd and 3rd levels.

Listing Contacts

RM
UT 5537738SA00
Capital Advisors Real Estate
Listed by Capital Advisors Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$569,288.00
$47,440.67/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Ryan Myers
License
5537738SA00
Brokerage
Capital Advisors Real Estate
Brokerage Phone
8013195548
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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