801-578-5534
4100 N Chapel Ridge Rd, Lehi, UT for Sale
Office - FOR SALE
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4100 N Chapel Ridge Rd
Lehi, UT 84043
Silicon Slopes


HIGHLIGHTS

  • North Slope is perched on a hilltop in the heart of Utah’s fast-growing Silicon Slopes region, a dynamic tech corridor stretching from Lehi to Provo
  • 100% leased
  • 5.21 years WALT
  • Selling at a very attractive delta to replacement cost
  • Large parking field provides a 5/1,000 SF parking ratio
  • Class A LEED Gold certified

OVERVIEW

Newmark Mountain West is pleased to present North Slope, a premier Trophy Class A office investment in the heart of Utah’s dynamic Silicon Slopes. Completed in 2018, the five-story, 149,506 SF LEED Gold–certified property exemplifies modern design, sustainability, and strong tenant appeal, positioning it among the market’s most desirable office assets. Located within Utah County, the state’s fastest-growing county, (capturing 43% of statewide population growth and 40% of new job creation) North Slope sits at the epicenter of long-term demand. The broader Silicon Slopes region, home to more than 1,000 technology companies and a rapidly expanding workforce, continues to attract corporate relocations, venture capital investment, and sustained demand for Class A office space. The property delivers a premier workplace environment with floor-to-ceiling glass, flexible layouts, and abundant natural light that promotes collaboration, creativity, and employee well-being. Tenants benefit from a robust amenity package, including a fully equipped fitness center, multi-sport court, modern kitchens, and landscaped outdoor gathering areas. Connectivity is unmatched, with I-15 frontage and visibility alongside proximity to the Lehi FrontRunner station, providing seamless access across the Wasatch Front. North Slope is currently 100% leased with 5.21 years WALT, supported by a diverse tenant base across technology, finance, and consumer sectors. With replacement costs continuing to rise, the acquisition basis is projected to be approximately 50% of anticipated future development costs, creating a compelling entry point for investors. North Slope presents a rare opportunity to acquire a stabilized, best-in-class office building at below replacement pricing in Silicon Slopes, one of the nation’s most dynamic and business-friendly tech markets.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Slope

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

3.37 AC

LAND SF

146,797 SF

ZONING

PUD

APN/PARCEL ID

47-380-0002

ASK ABOUT THIS PROPERTY

Bryce BlanchardNewmarkMore Info
801-578-5534

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Bryce BlanchardNewmarkMore Info
801-578-5534

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.