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1595 Pioneer RdSalt Lake City, UT 84104

39,981 SF Manufacturing Building, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 39,981-square-foot industrial manufacturing facility situated on a 4.91-acre lot in Salt Lake City, Utah. The property, located at 1595 S. Pioneer Road, boasts a single, 1-story building constructed in 1998 and extensively renovated in 2023. Currently 100% occupied under a triple-net (NNN) lease with a single tenant, the lease commenced October 31, 2023, and extends for a substantial 10-year term, expiring October 30, 2033. The property features six loading docks and ceiling heights ranging from 24 to 28 feet, catering to efficient operations. Zoned M-1, this facility is ideally suited for manufacturing and benefits from its strategic location, providing immediate access to major freeways including I-215, I-15, and I-80, and proximity to Salt Lake City International Airport (less than 6 miles). The property's low-coverage site presents potential for future expansion. This stabilized, cash-flowing asset represents a compelling investment in a thriving manufacturing sector within a rapidly growing regional distribution hub. The property's mission-critical nature for the tenant ensures long-term stability and strong rental income. The APN is 15-16-200-031. This is a sale for leaseback opportunity.

Highlights

  • Excellent freeway access via I-215, I-15, and I-80.
  • Low site coverage allows for future expansion.
  • Situated in a growing Salt Lake City manufacturing sector.
  • Prime location in a thriving regional distribution hub.
  • Mission-critical facility for the current tenant, ensuring long-term lease stability.

Property Details for 1595 Pioneer Rd

Property type
Industrial properties, Manufacturing properties
Square Feet
39,981 SF
Year Built/Renovated
1998/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
213,880 SF
Units
1

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.735552503174
Longitude
-111.95806735593
1595 Pioneer Rd, Salt Lake City, Utah

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1595 Pioneer Rd
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