Traverse Ridge Center III | For Sublease — Lease in Lehi, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Lehi, UT 84043

Photos

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Description

Office | For Sublease: 11,529 SF • Beautiful, class A, plug & play office space• Furniture included• Centrally located in north Utah County and surrounded by an abundance of amenities• Amazing valley, lake and Key Facts • Master lease expiration date: 12/31/2031 Lease Rate: $23.75 PSF | Full Service Available: 11,529 SF ±

Market Context

This office in Lehi, UT is listed for lease. Compare it against other office listings for lease in Lehi, UT — view the full market.

As of Q1 2026, the Salt Lake City office market showed a 22.9% vacancy rate, average asking rents near $26.39/SF/yr, and rents up 2.2% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Salt Lake City office market tightening or softening?
Vacancy is around 22.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.87/SF/mo – $2.53/SF/mo

Mid: $2.20/SF/mo

Contact

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