500 S 500 W - Warehouse FOR SALE


Lindon, UT 84042
$40,000,000 USD
801-828-0349
500 S 500 W, Lindon, UT for Sale
$40,000,000 USD
Warehouse - FOR SALE
1/21
null | 6.53% Cap Rate

500 S 500 W
Lindon, UT 84042


HIGHLIGHTS

  • Prominent frontage and immediate access to I-15
  • Large, flexible floor plates with high-bay and mezzanine space
  • Dock-high and grade-level loading

OVERVIEW

Gateway Industrial Complex is a 355,951 SF, multi-tenant industrial campus in Lindon, Utah with direct I-15 access and strong Utah County fundamentals. The property offers stable in-place cash flow with 11.82% vacancy and rents 15–30% below market, creating a clear opportunity for NOI growth through lease-up and mark-to-market activity. Additional upside includes entitled retail pad development along 1600 North and long-term optionality across multiple buildings.

FOR SALE DETAILS

PRICE

$40,000,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gateway Industrial Complex

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

28 Ft

DOCKS

28

DRIVE INS

6

PARKING SPACES

961

LAND DETAILS

LAND ACRES

22.77

LAND SF

991,861

ZONING

R&B

APN/PARCEL ID

17-015-0141

ASK ABOUT THIS PROPERTY

Brandon GoodmanColliersMore Info
801-828-0349

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Brandon GoodmanColliersMore Info
801-828-0349

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