Lehi, Utah, is an attractive location for investors seeking Industrial Properties for sale, with a strong economy driven by the tech industry and a growing population. Industrial Properties in Lehi offer a range of investment opportunities, from manufacturing and logistics to research and development. These properties can be an excellent addition to a diversified investment portfolio, providing a stable source of income and potential for long-term appreciation. Lehi's strategic location, with easy access to Interstate 15 and State Route 92, makes it an ideal hub for businesses serving the western United States. The city's amenities, including the IASIS Healthcare hospital and Thanksgiving Point, a nonprofit museum complex and estate garden, contribute to its appeal as a place to live and work. Additionally, Lehi is home to several major companies, including Micron Technology, Intel Corporation, and Adobe Systems, which has helped to establish the city as a key player in the tech industry.
Lehi's Industrial Properties are part of a broader commercial real estate market that includes Warehouses, Land, Apartment Buildings, and Commercial Real Estate. Warehouses in Lehi offer flexible space for manufacturing, logistics, and distribution, with easy access to major transportation routes. Land for sale in Lehi provides opportunities for developers to build new Industrial Properties, taking advantage of the city's growing economy and limited supply of industrial space. Apartment Buildings in Lehi cater to the city's growing population, with many residents employed in the tech industry. Commercial Real Estate in Lehi includes office buildings, retail centers, and mixed-use developments, which serve the city's diverse business community. With 1 Industrial Properties for sale in Lehi, investors have a range of options to choose from, with average prices per square foot of and average sizes of 263,966 square feet. The largest Industrial Property for sale in Lehi is 339,193 square feet, offering ample space for businesses to grow and expand.
What is the average price per square foot for industrial properties in Lehi?
The average price per square foot for industrial properties in Lehi is , with 1 available listings, ranging in size from 263,966 square feet to 339,193 square feet, and offering an average cap rate of.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Lehi, Utah, as they impact the ease of doing business, accessibility to suppliers and customers, and overall operational efficiency.
- Proximity to major transportation facilities, such as Interstate 15 and State Route 92, can increase industrial property values by providing convenient access to regional and national markets, thereby reducing transportation costs and improving delivery times.
- The presence of major employers in the technology and healthcare sectors, such as Micron Technology, Intel Corporation, and IASIS Healthcare, can also drive up industrial property values due to the demand for industrial space and the potential for collaboration and innovation.
- Additionally, the availability of amenities, such as the IASIS Healthcare hospital and Thanksgiving Point, can enhance the overall quality of life for employees and contribute to a more desirable business environment, further increasing industrial property values.
