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
Photos
![Retail — Sale in Lehi, UT, photo 5 of 5](https://res.cloudinary.com/marketsphere/image/upload/f_avif,dpr_auto,w_400,q_auto/t_main_us/c_scale,h_234,w_181/wxvvwhpjaojvewifilwr.png"))
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. 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 4.1% vacancy rate, average asking rents near $22.61/SF/yr, rents up 0.7% year over year, and cap rates around 6.5%. Source: Marcus & Millichap Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Salt Lake City?
- About 6.5% as of Q1 2026, per Marcus & Millichap.
- Is the Salt Lake City retail market tightening or softening?
- Vacancy is around 4.1%, with asking rents rising year over year (Q1 2026).
Contact
- David Nixon — JLL · 8014569518 · david.nixon@jll.com
- David Nixon · david.nixon@jll.com
- Wick Udy · wick.udy@jll.com
- Rhett Rasmussen · rhett.rasmussen@jll.com
Explore this market
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