INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
WALLSTIME TO SECURE YOUR ARE SPACE - NOW UP!LEASING
INDUSTRIAL BUILDING FOR LEASE Orem Tech Center
Office: $1.25 PSF/NNN Warehouse: $0.65/PSF/NNN
Visit: oremtech.space
Jarrod Hunt Colliers International +1 801 787 8940 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062 [email protected] P: +1 801 610 1300
©2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
STRENGTHS PROPERTY HIGHLIGHTS
TOTAL BUILDING SQUARE FOOTAGE 837,564 SF • Great Utah County location with convenient OFFICE SF 278,850 SF access to I-15 via Geneva Road , 1600 North OFFICE/WAREHOUSE SF 529,530 SF and 800 North exits RETAIL SF 29,184 SF • Comparable lease rates continue to remain LOT SIZE 69.59 Acres strong with very low market vacancies BUILDING CONSTRUCTION Tilt Wall Construction • Very few buildings in regional market YEAR BUILT Under Construction competing with Subject Property in quality, COMPLETION Summer 2019 size and amenities CEILING HEIGHT Varies by Building • Up to 30 +/- ceiling heights should OVERHEAD DOORS/DOCKS accommo date most warehouse and/or HVAC Varies by Building distribution users POWER Gas Forced Air Heat and Central Air Conditioning FIRE SUPPRESSION SYSTEM Amp, Volt, 3-Phase ESFR on Office/Warehouse, by code on remaining UTILITIES Orem City Municipal Water and Sewer ZONING PD36 Light Industrial and Technology Center Development with Urban Design Concept INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
SITE PLAN SECTION A DETAIL PHASE 1 BUILDING 1 AND 2 INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
BUILDING 1 SITE PLAN
LEASED
BUILDING DETAIL: 97,882 SQ. FT. 155 PARKING STALLS 12 SUITES MINIMUM DIVISIBLE 8,085 SF - 8,364 SF INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
BUILDING 2 SITE PLAN
BUILDING DETAIL: 127,318 SQ. FT. 82 PARKING STALLS › 13 SUITES MINIMUM DIVISIBLE 9,744 SF - 10,014 SF INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
SITE LOCATION + RETAIL GROWTH MAP
SITE INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
City, State Distance Drive Time Hours CROSSROADS OF THE WEST (Miles) (65 MPS) At the epicenter of the Western United States, Utah’s geographic position is ideal for a growing number of distribution, shipping, and trucking Albuquerque, NM 545 8.23 companies. Utah offers easy access to Interstates 15, 70, and 80, as well as a number of other U.S. Highway and State routes. Spanish Fork in Bakersfield, CA 658 10.07 Utah County is less than 900 miles to every city in the Western United States. Billings, MT 605 9.18 Boise, ID 394 6.04 Boulder, CO 480 7.23 Seattle Casper, WY 438 6.44 !5 Spokane !5 Cheyenne, WY 469 7.13 !5Great Falls Yakima Missoula Colorado Springs, CO 536 8.13 !5 !5 Denver, CO 469 7.13 !5 Portland Helena !5 Billings Eugene, OR 834 12.5 !5 Flagstaff, AZ 469 7.13 !5 Salem Fresno, CA 768 11.49 !5 Eugene Grand Junction, CO 228 3.30 Great Falls, MT 537 9.37 !5Boise Idaho Falls Helena, MT 537 8.16 !5 !5 Medford !5 Pocatello Casper!5 Idaho Falls, ID 268 4.07 !5 Las Cruces, NM 764 11.45 Twin Falls
Las Vegas, NV 374 5.45 Cheyenne Los Angeles, CA 642 9.53 Ogden!5 !5 Medford, OR 791 12.10 !5Salt Lake City 5 Missoula, MT 580 10.5 Reno !Provo Boulder !5 !5 !5 Denver Ogden, UT 92 1.25 Sacramento Colorado Springs Phoenix, AZ 613 9.26 !5 !5 !5 Grand Junction Pocatello, ID 219 3.22 !5 !5San Francisco Pueblo Provo, UT 13 0.12 Pueblo, CO 582 8.57 St George !5Fresno !5 Reno, NV 571 8.47 Sacramento, CA 703 10.49 Las!5 Vegas Santa Fe Saint George, UT 256 3.56 Bakersfield !5 !5 Flagstaff Salt Lake City, UT 56 0.52 !5 !5 San Diego, CA 704 10.5 Albuquerque San Francisco, CA 704 10.5 !5Los Angeles Phoenix Santa Fe, NM 569 8.45 !5 San Diego Seattle, WA 895 13.46 !5 Spokane, WA 775 11.55 Tucson !5 !5Las Cruces Tucson, AZ 729 11.13 0 35 70 140 210 280 350 Twin Falls, ID 271 4.1 Miles Yakima, WA 753 11.35 INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE Silicon Slopes - The New Silicon Valley
“On February 26, 2018 U.S. Magazine released its 2018 Best State Rankings, and Utah ranks number three overall.” (US News, 2018)
“This part of the Rockies isn’t just turning out large amounts of fluffy, white stuff, it also seems to be producing a strong herd of unicorns, or startups worth at least $1 billion on paper.” (TechCrunch, 2015)
The Top 10 Cities Where Employees Are Happiest Salt Lake City nears the top of the list based on job satisfaction rating, median salary, and available job openings.” (Forbes, 2017)
UTAH COUNTY HIGHLIGHTS • Provo/Orem is #2 of the 15 U.S. cities that are • Provo/Orem is #3 best-performing city in the • Provo/Orem is #7 nationally for well-being driving the future (Business Insider, 2015) nation in 2015, again. 12-month job growth was (Gallup-Healthways, 2015) • Boomtown America: Jobs in the Provo area 6.6 percent, the highest of any large metro • Salt Lake City ranked #10 in national tech job grew at the fastest pace of any town in the area in the nation. (Milken Institute) growth United States in 2015. Its unemployment rate is • Provo is #7 most innovative tech hub (Nerd • Salt Lake City ranked #25 tech-talent market only 2.7%. (CNN, 2016) Wallet, 2015) • Provo is #1 city for career opportunities • Provo/Orem is #7 of large U.S. cities with (Fortune, 2015) highest number of STEM graduates as a share • Provo/Orem is #1 medium-size city for jobs of the young adult population (Forbes, 2015) INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE Utah County - Major Employers INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE Why Utah?
Utah is a The Utah boasts a Highly Opportunities for Utah contains a Young & High-Growth Economic Conditions Educated & Skilled Jobs & Careers Multilingual State in Utah are Great Workforce in Utah are Plentiful Population
AMONG THE TOP STATES ONE OF THE FASTEST RANKED MORE THAN IN THE U.S. FOR JOB GROWTH OVER GROWING STATES IN THE U.S. 2nd 35 3.6% 120 BEST STATE FOR HIGHER EDUCATION 15.2% UTAH’S JOB GROWTH RATE POPULATION INCREASE OVERALL ECONOMY INSTITUTIONS IN UTAH LANGUAGES (U.S. NEWS: BEST (NATIONAL DATABASE 2017-2018 SPOKEN IN UTAH 2010-2018 (U.S. BUREAU OF STATES RANKING) OF SCHOLARSHIPS) (DESERET NEWS) (ESRI BAO) LABOR STATISTICS)
MEDIAN AGE OF UTAH NAMED UTAH IS EXPERINCING ABOUT OVERWHELMING JOB GROWTH IN CONSTRUCTION, 30.6 #2 48% FINANCIAL, 15% THE YOUNGEST STATE IN BEST STATE OF UTAHNS HAVE HEALTH & OF UTAH RESIDENTS SPEAK THE U.S. BY MEDIAN AGE FOR BUSINESS OBTAINED POSTSECONDARY TECHNOLOGY A LANGUAGE OTHER (ESRI BAO) IN 2018 CERTIFICATES OR DEGREES SECTORS THAN ENGLISH AT HOME (FORBES) (UTAH.GOV) (UTAH.GOV) (THE SALT LAKE TRIBUNE)
THERE ARE MORE THAN RANKED OVER ABOUT MORE THAN 420 4th 69 48 246 THOUSAND BEST STATE FOR THOUSAND THOUSAND MORE PEOPLE IN UTAH VENTURE CAPITAL DEGREES AWARDED THOUSAND JOBS ADDED TO SPANISH SPEAKERS THAN THERE WERE IN 2010 (U.S. NEWS: BEST IN 2015 UTAH’S ECONOMY IN 2018 STATES RANKING) (U.S. CENSUS BUREAU) (ESRI BAO) (DATAUSA.IO) (UNIVERSITY OF UTAH) INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
MID YEAR MARKET REPORT 2019 INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/utah VIEW ONLINE
OREM CITY DEMOGRAPHICS INDUSTRIAL BUILDING FOR LEASE 1400 NORTH GENEVA ROAD // Orem // Utah colliers.com/region VIEW ONLINE
INDUSTRIAL BUILDING FOR LEASE Orem Tech Center
Office: $1.25 PSF/NNN Warehouse: $0.65/PSF/NNN
Visit: oremtech.space
Jarrod Hunt +1 801 787 8940 Colliers International [email protected] 2100 Pleasant Grove Blvd. | Suite 200 This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations Pleasant Grove, UT 84062 or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, P: +1 801 610 1300 conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.