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3175 W 500 SSalt Lake City, UT 84104
5 South Commerce Center
Asset ClassIndustrial
% Leased100%
# Tenants: 1Square Feet: 172,847Access Data Room
Brand new Institutional Quality Industrial Building | 100% Leased to CHEP USA, 10 Year Term | Proximity to 201 Freeway, I-80, I-15, Bangerter Highway & Mountain View Corridor | 1.5 Miles to Salt Lake City International Airport | Ideal Location near Downtown Salt Lake City
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to present an exclusive opportunity to acquire 5 South Commerce Center (referred to as “the Property” or “the Project”), situated at 3175 West 500 South in Salt Lake City, Utah. A standalone, brand-new trophy industrial project totaling 172,847 SF on an 11-acre site, ideally positioned in the premier Northwest submarket of Salt Lake City.

 

The Property boasts state-of-the-art features that align perfectly with tenant demand in the area, including excellent loading facilities, multiple points of ingress/egress, functional column spacing, ample parking, concrete truck aprons, substantial power supply, and a 1.84-acre secure storage yard on-site. Furthermore, the Project is close to the Mountain View Corridor, 201 Freeway, I-80 and I-15, offering outstanding connectivity to the surrounding Salt Lake City Metro area.

 

5 South Commerce Center is fully leased to Commonwealth Handling Equipment Pool USA (“CHEP USA”) for a term of 10 years. CHEP USA is a renowned global leader in sustainable goods transportation, optimizing over 300,000 supply chains worldwide. It operates as a subsidiary of Brambles (NYSE: BXBLY), a global leader in pallet and container pooling services, catering to customers across the industrial and retail supply chain sectors.

 

The Property is one of two industrial properties being concurrently sold by the owner. 3255 West 500 South is located directly adjacent to this Property. For information on the adjacent listing please reach out to the listing team.

Access the Data Room
3175 W 500 SSalt Lake City, UT 84104

Sales Team

Will StrongExecutive Vice Chair+1 602 413 9991will.strong@cushwake.com
Jeff ChiateExecutive Vice Chair+1 949 930 9234jeff.chiate@cushwake.com
Rick EllisonExecutive Vice Chair+1 949 930 9231rick.ellison@cushwake.com
Molly HuntSenior Associate+1 602 361 9501molly.hunt@cushwake.com
Dean WileySenior Associate+1 602 224 4420dean.wiley@cushwake.com

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Listing provided by Revere CRE