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

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. It has been on the market for 175 days. Compare it against other office listings for lease in Lehi, UT — view the full market.

As of Q3 2025, the Salt Lake City office market showed average asking rents near $26.82/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q3 2025.

Office market FAQ

What is the typical cap rate for office in Salt Lake City?
About 6.6% as of Q3 2025, per multiple brokerage reports.

Estimated Market Rate

$1.90/SF/mo – $2.57/SF/mo

Mid: $2.24/SF/mo

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

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