The 23.23-acre paved asphalt lot at 5 S 5100 W provides high-demand industrial outdoor storage (IOS) within the Salt Lake Valley’s largest distribution hub. The lot is also home to a 66,050-square-foot industrial distribution facility that is available to be subleased separately. This rare opportunity allows truck parking, container storage, equipment rentals, and building materials sales businesses to secure space in an established logistics node with best-in-class amenities and infrastructure. The property is also highly visible from the Dwight D. Eisenhower Highway, which delivers over 43,000 passing vehicles each day.
The nearby concentration of large industrial tenants, excellent freeway access, and proximity to quality trucking and shipping solutions make this the ideal location for an industrial outdoor storage venture. IOS businesses have exploded in popularity and viability alongside the rise of e-commerce, boasting similar drivers as industrial operations at a fraction of the capital cost. While new industrial facilities have been developed at an accelerated pace, IOS facilities have seen much slower inventory growth, limiting competition in the segment.
Supported by the nearby Salt Lake City International Airport, the area surrounding 5 S 5100 W is home to major storage and distribution operations for Amazon, Costco, Walmart, Americold Logistics, FedEx, ABF, UPS, and many more. The closest commercial airport for over 2,500,000 people, Salt Lake City International transported over 166,000 tons of cargo and hosted over 29,000,000 passengers during 2023. The area is also well supported by the Valley’s interstate network, sitting half a mile from I-80 and approximately 3 miles from I-215. These vital arteries allow businesses to ship goods to all Western U.S. metro areas and most Midwest metro areas within one day’s truck haul.