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ASPECTOS DESTACADOS
- Strong Zoning Paired with Near-Term Income
- Central Proximity to Live Event Venues
- Resilient Rental Market and Positive Demographic Tailwinds
RESUMEN EJECUTIVO
Cushman & Wakefield, as exclusive advisor is pleased to present the opportunity to acquire the 500 South Development Site (the “Site”), a premier D-2 zoned, 1.55-acre OZ development site located in the heart of Salt Lake City, Utah.
The Site is encumbered by two single-tenant retail properties currently leased to Safelite and a local restaurant operator, through December 2029 and October 2029, respectively providing near-term income as development plans commence.
This offering represents a rare chance to secure highly coveted, developable land in the heart of the Mountain West’s fastest-growing metro. With minimal new multifamily supply expected over the next three years and renter demand holding strong, Salt Lake City’s multifamily market is approaching a pivotal moment. This creates a rare window for developers to deliver high-quality product and meet growing demand.
The Site is encumbered by two single-tenant retail properties currently leased to Safelite and a local restaurant operator, through December 2029 and October 2029, respectively providing near-term income as development plans commence.
This offering represents a rare chance to secure highly coveted, developable land in the heart of the Mountain West’s fastest-growing metro. With minimal new multifamily supply expected over the next three years and renter demand holding strong, Salt Lake City’s multifamily market is approaching a pivotal moment. This creates a rare window for developers to deliver high-quality product and meet growing demand.
INFORMACIÓN DEL EDIFICIO
| Precio | 9.136.451 € | Número de inmuebles | 2 |
| Precio/m² | 6.961 € / m² | A la venta individualmente | 0 |
| Tipo de venta | Inversión | Tamaño total del edificio | 1.312 m² |
| Estado | Activo | Superficie total del terreno | 0,59 ha |
| Precio | 9.136.451 € |
| Precio/m² | 6.961 € / m² |
| Tipo de venta | Inversión |
| Estado | Activo |
| Número de inmuebles | 2 |
| A la venta individualmente | 0 |
| Tamaño total del edificio | 1.312 m² |
| Superficie total del terreno | 0,59 ha |
INMUEBLES
| NOMBRE DEL INMUEBLE/DIRECCIÓN | TIPO DE INMUEBLE | Tamaño | AÑO DE CONSTRUCCIÓN | PRECIO INDIVIDUAL |
|---|---|---|---|---|
| 280 W 500 S, Salt Lake City, UT 84101 | Local | 792 m² | 1951 | - |
| 250 W 500 S, Salt Lake City, UT 84101 | Local | 520 m² | 1979 | - |
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VÍDEOS
MATTERPORT TOUR EXTERIOR EN 3D
MATTERPORT TOUR EN 3D
FOTOS
STREET VIEW
CALLE
MAPA
Elaborado por
500 South Development Site
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