FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
INDUSTRIAL BUILDING FOR SALE AF Clear Warehouse
57,131 Total SF 6,000 SF Office 51,131 SF Warehouse
Jarrod Hunt Michael Howard Colliers International +1 801 787 8940 +1 801 702 4678 2100 Pleasant Grove Blvd. | Suite 200 Pleasant Grove, UT 84062 [email protected] [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. FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
PROPERTY SUMMARY LEASE SUMMARY Established in 2013 EVOBOX, LLC provides Tenant EvoBox, LLC Building Size 57,131 state-of-the-art shipping technology with Office Area 6,000 SF Occupancy 30,464 SF (53%) 99.9% accuracy to help simplify and streamline warehousing and product development. Warehouse 51,131 Office 3,500 SF Company link: goevobox.com Land Size 3.95 acres Warehouse 26,964 SF Zoning PI-1 Annual Income $260,719.20 (Five Year Average) Dock High Doors 8 Rent Escalations 3% Annually Ground Level Doors 2 Expiration Date August 31, 2023 Clear height 28’ Renewal Options (2) Five Year Options Year Built 2018 Lease Type NNN FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
LEASE SUMMARY Tenant Lion Energy, LLC Established in 2001, the focus of Lion Energy, LLC was healthy food for self-reliant emergency preparedness. As the company evolved it saw an incredible demand for portable power. Lion Occupancy 26,667 SF (47%) Energy LLC began selling portable power generators in 2012. In 2014, the company’s total Office 2,500 SF focus became portable power. Lion Energy has built their foundation upon the principles Warehouse 26,667 SF of unmatched safety, unwavering reliability, and continual renewability advancements. That foundation coupled with a promise of excellent customer service has led to a growing brand Annual Income $227,381.52 (Five Year Average) with an extremely loyal customer base. Rent Escalations 3% Annually Expiration Date May 31, 2023 Company link: lionenergy.com Renewal Options (2) Five Year Options Lease Type NNN FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
Auto Mall Dr. FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
OFFICE OFFICE
OFFICE 113 114
112
RECEPTION
101
WOMENS MENS FP08
110 111
HALL
109
CONFERENCE
HALL 102 BREAK ROOM 108
107
SUPPLIES
106 OPEN AREA
103
PHOTO
105
OFFICE
104
34'-4" 36'-6"
FE
EXISTING ELEC.
000 FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
SITE FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE American Fork: Overview
The city of American Fork resides at the foot of Mount Timpanogos in the Wasatch Range, north of Utah Lake, and is part of the north-central Utah County Provo–Orem Metropolitan Area. Known as a progressive retail, business and technology center American Fork enjoys steady growth in industry and population attracting prominent businesses such as Intermountain Health Care, Alpine School District Headquarters, Tahitian Noni, HP Logoworks, Fidelity Investments, Dentrix, Idea Sphere and Domo through it’s regional hub. Located within minutes of Utah Valley University, Brigham Young University, Mountainland Applied Technology College and Provo College American Fork City boasts a strong workforce with 30% of the city’s residence holding bachelor degrees or higher. American Fork secondary education is served by Alpine School District and is home to a number of private, charter and vocational schools. The City’s quality of life, with its well-educated workforce and low business costs, make American Fork a great choice for families and businesses. With an unemployment rate of 3.2% American Fork City has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 48.0% which is higher than the national average of 33.5%.
• Money Magazine named American Fork 1 of the top 100 places to live in the United States (2005) FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 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) FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE Utah County - Major Employers
TM FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 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) FOR SALE 735 SOUTH AUTO MALL DRIVE // American Fork // Utah 84003 colliers.com/utah VIEW ONLINE
Jarrod Hunt Michael Howard +1 801 787 8940 +1 801 702 4678 Colliers International [email protected] [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.