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MIXED-USE REDEVELOPMENT LAND in an OPPORTUNITY ZONE 1230 West 200 South - Salt Lake City, Utah

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MIXED-USE REDEVELOPMENT LAND in an OPPORTUNITY ZONE 1230 West 200 South - Salt Lake City, Utah DEVELOPMENT OFFERING CBD and Periphery MIXED-USE REDEVELOPMENT LAND IN AN OPPORTUNITY ZONE 1230 West 200 South - Salt Lake City, Utah HIGHLIGHTS INCLUDE: This offering provides the ability to acquire MIXED-USE REDEVELOPMENT LAND IN AN OPPORTUNITY ZONE in Salt • Registered Opportunity Zone Property Lake City, Utah consisting of 15.36 acres. The site represents one of the few remaining development opportunities near downtown • TSA-UN-T Zoning (Urban Neighborhood Station) supports and is centrally located to the city’s key demand generators. mixed-use development including multi-family, office, retail, and hotel, and encourages density up to 60 feet in height PROPERTY INFORMATION • Severe lack of remaining land development opportunities surrounding downtown Parcel Sizes: #15-02-103-001: 12.27 acres #15-02-103-002: 0.16 acres • Centrally located between the CBD (8 minute drive), Salt #15-02-103-003: 0.16 acres Lake City International Airport (10 minute drive), and #15-02-104-001: 2.45 acres significant-sized employers in the immediate area #15-03-233-017: 0.32 acres Total: 15.36 acres • Highly visible from the I-80 Freeway; unparalleled access to the I-80, I-15 and I-215 Freeways, along with North Temple, Zoning: TSA-UN-T (Transit Station Area Redwood Road, and 200 South major corridors District - Urban Neighborhood Station, Transition) • Part of an upcoming Transit-Oriented Development Asking Price: $20,000,000 ($29.89 psf) • Intermodal Hub 1 mile to the East offers public transportation via TRAX Light Rail and FrontRunner high-speed commuter train The opportunity to acquire land near Salt Lake City’s Downtown is an exceptionally rare occurrence. This MIXED- • Adjacent, newly-constructed Pedestrian Bridge connects USE REDEVELOPMENT LAND IN AN OPPORTUNITY ZONE directly to TRAX Light Rail stop 0.6 miles to the North will expand the city’s urban core, as the area’s access via public transportation pioneers new boundaries. • Situated along the Jordan River Parkway Trail, a 40+ mile heavily-trafficked path suitable for year-round activity Exclusively Kip Paul Rhett Bue Jorgi Paul Marketed by Vice Chairman - Investment Sales Director - Investment Sales Associate - Investment Sales 801-303-5555 801-303-5416 801-303-5570 [email protected] [email protected] [email protected] MIXED-USE REDEVELOPMENT LAND IN AN OPPORTUNITY ZONE TRAX Red Line State Capitol TRAX Main Line CBD and 400 South Periphery UTA FrontRunner High-Speed Commuter Train TRAX Green Line TRAX Blue Line 154,000 ADT Intermodal Hub 15 TRAX Green Line 80 14,000 ADT 15 193,000 ADT Poplar Grove Blvd. Future& Folsom City Creek Trail 8 Minutes to Downtown Salt Lake City North Temple Street Path to TRAX Fairpark Station Jordan River Historic Fisher Mansion & Parkway Bridge Carriage House Event Space Jord an Riv er 200 South Jordan River il ra Jordan R T iver Parkway 80 76,000 ADT 4,600 ADT 10 Minutes to Salt Lake City International Airport Imagery: Google Earth/ Landsat/Copernicus Exclusively Marketed by 170 South Main Street, Suite 1600 Kip Paul Rhett Bue Jorgi Paul Salt Lake City, Utah 84101 Vice Chairman - Investment Sales Director - Investment Sales Associate - Investment Sales Tel 801-322-2000 Fax 801-322-2040 801-303-5555 801-303-5416 801-303-5570 cushmanwakefield.com [email protected] [email protected] [email protected] ©2019 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. path: 1- Projects/Paul, K/1 - Flyers/1230w200s.
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