For Lease
$125,000/SF/YR

11918 Mustang Trl WayHerriman, UT 84096

Prime 1.39-acre parcel, build-to-suit options.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.39-acre parcel presents a unique investment opportunity in the thriving Herriman, Utah submarket of Salt Lake County. Located near the entrance to the expansive 1,000-acre Olympia Hills residential development, this property offers unparalleled visibility and access to a large, growing population. The land is available for sale or ground lease, providing flexibility for various development scenarios. The asking sales price is $25 per square foot, while the annual ground lease rate is $125,000. The property's zoning allows for a variety of uses, including medical office, creative office, retail, and restaurant spaces. Its versatile nature makes it ideal for a single-tenant build-to-suit or a multi-tenant development. The site's location at 11800 South provides excellent accessibility and high traffic counts. With its strategic location and flexible options, this property is poised for significant returns. The lot size falls within the 0.5 to 6-acre range, offering ample space for a substantial development. This is a rare opportunity to acquire a prime parcel in one of Utah's fastest-growing communities. Contact us today to learn more about this exceptional investment opportunity.

Highlights

  • 1.39-acre parcel available for sale or ground lease.
  • Office and retail pads available.
  • Asking sale price: $25 per square foot.
  • Ground lease rate: $125,000 per year.
  • Located at the entrance to the 1,000-acre Olympia Hills residential development.

Property Details for 11918 Mustang Trl Way

Property type
Neighborhood centers, Power centers
RSF (Rentable sq. ft)
60,548 SF

Unit(s) available at that property

Space
Lot 6
Size
60,548 SF
Rate per SF
$125,000

Location Insight

City
Herriman
County
Salt Lake
State
Utah
Latitude
40.5350537
Longitude
-112.0336152
11918 Mustang Trl Way, Herriman, Utah

FAQs

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11918 Mustang Trl Way
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