Overview
Newmark Mountain West is pleased to present the opportunity to acquire 530 South 2000 West, a 305,520 square foot distribution/warehouse facility located in Springville, UT 84663.
Constructed in 2003, the Property is situated on 20.2 acres and is designed for efficient bulk distribution and manufacturing operations. The site also provides substantial on-site parking and is located less than five minutes from I-15, supporting strong regional connectivity.
Springville sits within Utah County along the Wasatch Front’s primary logistics corridor, providing access to the broader Provo–Orem–Lehi demand base and a deep, diversified employment ecosystem. Utah County alone is home to approximately 830 manufacturing establishments, and the Provo–Orem–Lehi metro supports roughly 25,000 manufacturing jobs, reinforcing durable industrial demand drivers in the surrounding market.
Investment Highlights
High-Growth Market
- From 2021–2025, Utah County South industrial inventory expanded from ~5.6M SF to 9.1M+ SF.
- Over the same period, cumulative net absorption exceeded 3.2M SF.
Long-Term, NNN Cash Flow Profile
- Innovative Labs occupies ~305,520 SF under a NNN lease.
- The lease runs through July 2036 with 10+ years remaining.
Utah County Growth
- Utah County has seen strong recent economic growth, driven by population and employment gains.
- The site is located in a high-growth industrial corridor.
Nutraceutical Ecosystem
- Utah County has a concentrated cluster of nutraceutical, supplement, and wellness contract manufacturers.
- This clustering increases tenant stickiness and supports above-average lease terms and renewal prospects for highly customized facilities.
Sales Team
