2431 S 1070 W - Warehouse FOR SALE


Salt Lake City, UT 84119
$4,592,000 USD
310-977-1651
2431 S 1070 W, Salt Lake City, UT for Sale
$4,592,000 USD
Warehouse - FOR SALE
1/6
null | 6.15% Cap Rate

2431 S 1070 W
Salt Lake City, UT 84119


HIGHLIGHTS

  • Strategic Salt Lake City location within a well-established industrial and distribution corridor.
  • Excellent access to Interstate 15, Interstate 80, and major regional transportation routes.
  • Convenient connectivity to Salt Lake City International Airport and intermodal facilities.
  • Central location supports efficient service throughout the Wasatch Front and Mountain West region.
  • Suitable for warehouse, distribution, manufacturing, logistics, and service-industrial users.
  • Strong labor pool and access to one of Utah's fastest-growing economic markets.

OVERVIEW

• Strong Global Tenant - Brink's is a global leader in secure cash logistics and cash management solutions, operating in more than 100 countries with approximately 1,300 branches and a fleet of 16,000+ armored vehicles. The company provides mission-critical services to banks, retailers, and government agencies, including cash-in-transit, ATM servicing, vault management, and cash processing. Founded in 1859, Brink's has over 165 years of operating history, generated approximately $5.26 billion in 2025 revenue, and maintains a BB+ credit rating. • Rare Infill Salt Lake City Location - Strategically located within the heart of Salt Lake City, the Property benefits from immediate access to I-215, I-80, I-15, and SR-201, providing exceptional connectivity throughout Utah and the Intermountain West. Situated just minutes from Salt Lake City International Airport, Downtown Salt Lake City, and Delta Center - home of the NBA's Utah Jazz. The surrounding West Valley City submarket is home to a diverse concentration of national employers including Amazon, UPS, FedEx, PepsiCo, Frito-Lay, Sysco, and Ferguson. • Committed 30+ Year Tenant / Passive Lease / 3.25% Annual Rent Increases – Brink's has occupied the Property since its original build-to-suit development in 1994, demonstrating over 30 years of continuous occupancy at this mission-critical location. The Industrial NNN lease structure is highly passive and features impressive +/- 3.25% annual rent increases, providing predictable income growth and a strong hedge against inflation. • Functional Facility with Excess Yard / Significant Recent Capital Improvements – The +/- 16,788 SF concrete warehouse is situated on ±1.82 acres (21% building-to-land coverage) and features two (2) dock-high doors, four (4) grade-level doors, and excess paved yard area, providing an efficient layout for Brink's armored transport, fleet maintenance, and cash-handling operations. The Property recently underwent a comprehensive parking lot/yard reconstruction, including full asphalt removal, geotechnically verified subgrade remediation, new road base installation, 4-inch asphalt paving, and restriping, representing a nearly $300,000 capital investment that enhances the long-term functionality and durability of the asset

FOR SALE DETAILS

PRICE

$4,592,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

B/RP

APN/PARCEL ID

15-23-301-022-0000

ASK ABOUT THIS PROPERTY

Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

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Alexander HarroldMatthews Real Estate Investment ServicesMore Info
310-977-1651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.