Documents
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Attributes
Year Built | 1964 |
Building Area Net |
|
Occupancy | 100.0 % |
Asset Description
Jones Lang LaSalle Americas, Inc. is proud to present the Marmalade Development Site, a 53,826 SF industrial asset located on 2.33 AC of land in the Marmalade Micromarket just five blocks north of downtown Salt Lake City. The property is currently leased to a single tenant industrial user who will be vacating the property in October 2022. Upon the tenant’s vacating of the property, potential investors will have complete flexibility to re-lease or redevelop the property.
With immediate access to the I-15 freeway and less than a mile north of the CBD, the Marmalade Development Site offers premier accessibility to major thoroughfares and urban amenities in one of the most desirable submarkets in the United States.
Investment Highlights
- Salt Lake City Marmalade Micromarket
- Owner User or Redevelopment Opportunity
- <1 Mile from Downtown
- Unpreceded Rent Growth
- Robust Economic Recovery