Retail — Sale in Lehi, UT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lehi, UT 84043
  • Size: 53,400 SF

Description

Now available for sale, retail Retail located at 4275 N Thanksgiving Way Lehi, Utah 84043. Available square footage 53,400 SF.

Market Context

This retail in Lehi, UT is listed for sale across 53,400 SF. It has been on the market for 167 days. Compare it against other retail listings for sale in Lehi, UT — view the full market.

As of Q1 2026, the Salt Lake City retail market showed a 3.4% vacancy rate, average asking rents near $27.00/SF/yr, and rents up 24.2% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Salt Lake City retail market tightening or softening?
Vacancy is around 3.4%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$120.22/SF – $162.66/SF

Mid: $141.44/SF

Estimated total for 53,400 SF: $7,552,896 per year

Rate estimator only; cost-of-business estimate unavailable.

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