Lehi, Utah, a city in Utah County, is an ideal location for restaurants, offering a unique blend of small-town charm and big-city amenities. With a growing population of around 70,000, Lehi has become a hub for tech companies, including Micron Technology, Intel Corporation, Adobe Systems, and Ancestry.com, making it an attractive spot for restaurants catering to the local workforce. The city's infrastructure, including IASIS Healthcare, IM Flash Technologies, and State Route 92, provides easy access to the area, while attractions like Thanksgiving Point, Lehi Roller Mills, and the Hutchings Museum draw in visitors from surrounding areas. With its strong economy, diverse population, and abundance of amenities, Lehi is a great place for business and travel, offering a unique opportunity for restaurants to thrive.
Lehi is home to 2 restaurants for lease, offering a range of options from 1,347 square feet to 5,000 square feet, with an average annual rent of $35 USD per square foot. In addition to restaurants, Lehi also offers a variety of other commercial properties, including retail space, commercial real estate, and flex space, each with its own unique characteristics and advantages. For example, retail space in Lehi is ideal for businesses looking to capitalize on the city's growing population and tourist attractions, while commercial real estate offers a range of options for companies looking to establish a presence in the area. Flex space, on the other hand, provides a flexible and adaptable solution for businesses with unique needs. With its diverse range of commercial properties, Lehi is an attractive location for businesses of all types.
How are restaurant leases typically structured?
In Lehi, Utah, restaurant leases are typically structured to accommodate the city's growing tech industry and tourist attractions like Thanksgiving Point, with an average annual rent of $35 USD per square foot and an average size of 1,829 square feet.
Lease terms often range from 5 to 10 years, with options for renewal, and may include provisions for common area maintenance, utilities, and property taxes, allowing restaurateurs to focus on serving the city's approximately 60,000 residents and visitors.
What kitchen equipment is usually included in restaurant leases?
When searching for restaurants for lease in Lehi, Utah, you'll find 2 available listings, with average annual rent per square foot at $35 USD and average space size of 1,829 square feet, up to a maximum of 5,000 square feet. Typically, restaurant leases in Lehi include essential kitchen equipment such as commercial-grade ovens, refrigerators, freezers, dishwashers, and ventilation systems, which can vary depending on the specific lease agreement and the type of restaurant operation.
