S 300 S Industrial Loop Rd - Ninigret Depot
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S 300 S Industrial Loop Rd - Ninigret Depot
39 Acres of Industrial Land Offered at £5,333,988 in Tooele, UT 84074
Virtual Tour
Investment Highlights
- Ninigret Depot offers fully improved land with all utilities in place, additionally, zoning and right-to-build have been approved.
- Tooele County has a strong employment base and draws from the Salt Lake Metropolitan Area’s population of over 2 million people.
- Join a group of prestigious tenants, including Carvana, Airgas Inc., Detroit Diesel, Walmart Supercenter, LKQ Corporation, and Utah Fabrication.
- Rail service is available with access to a Union Pacific line and the site is within 30 miles of Union Pacific Intermodal Terminal in Salt Lake City.
- Develop in a rapidly growing area as the population within a 10-mile radius grew by 35% from 2010-2023 and is projected to jump another 8.5% by 2028.
- Located in an established Redevelopment Area, providing potential incentives by the City of Tooele and Utah Governor’s Office of Economic Development.
Executive Summary
Develop in a predominant industrial hub in the Salt Lake City metro with Ninigret Depot’s approximately 39 acres of shovel-ready, entitled land available for immediate development. Subdivided lots are available, and rail access can be achieved from the nearby Union Pacific line or the Union Pacific Intermodal Terminal, which is 30 miles away. From 2014 to 2021, major operations have been established in the park by the likes of Cabela’s, Airgas Inc., LKQ Corporation, and Carvana, underpinning the Ninigret Depot’s prominence in the market.
Ninigret Depot is strategically located just 30 minutes from Salt Lake City's International Airport and City Center. The site provides direct access to State Highway 112 and is within 15 miles of Interstate 80, a major east-west distribution corridor. The Economic Development Corporation of Utah recognizes the business park as a leading development option due to its proximity to Salt Lake City, its access to several interstate highways, its roster of major businesses, and the rapid growth of the surrounding area. Ninigret Depot is located within a Redevelopment Area, which allows for an expanded array of possible assistance to a new company depending on the nature of the proposed development and employment opportunities for the community.
Ninigret Depot is strategically located just 30 minutes from Salt Lake City's International Airport and City Center. The site provides direct access to State Highway 112 and is within 15 miles of Interstate 80, a major east-west distribution corridor. The Economic Development Corporation of Utah recognizes the business park as a leading development option due to its proximity to Salt Lake City, its access to several interstate highways, its roster of major businesses, and the rapid growth of the surrounding area. Ninigret Depot is located within a Redevelopment Area, which allows for an expanded array of possible assistance to a new company depending on the nature of the proposed development and employment opportunities for the community.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
Property Facts
1 Lot Available
Lot 2
| Price | £5,333,988 | Lot Size | 39.00 AC |
| Price Per AC | £136,769 |
| Price | £5,333,988 |
| Price Per AC | £136,769 |
| Lot Size | 39.00 AC |
39 acres of raw land for development.
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DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
Las Vegas
644,644
412
7 h 29 m
Denver
716,492
559
9 h 49 m
Albuquerque
560,218
609
12 h 49 m
Phoenix
1,660,272
643
12 h 32 m
Mesa
508,958
680
13 h 16 m
Fresno
530,093
801
14 h 4 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
67,406
Total Labor Force
42,252
Unemployment Rate
2.87%
Median Household Income
$96,480
Warehouse Employees
8,468
High School Education Or Higher
93.60%
$ values in USD
Nearby Amenities
Hotels |
|
|---|---|
| Best Western |
30 rooms
10 min drive
|
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £2,214,674 | |
| Land Assessment | £2,878,267 | Total Assessment | £5,092,941 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£2,878,267
Improvements Assessment
£2,214,674
Total Assessment
£5,092,941
Sale Advisor
Sale Advisor
George Abood, Portfolio Manager
(801) 973-9090
Contact
Mr. George Abood is the Portfolio Manager of The Ninigret Group. Prior to The Ninigret Group, Mr. Abood worked for a Paris-based family office doing multifamily acquisitions and for Bonneville Real Estate Capital in Salt Lake City, Utah. In his role at The Ninigret Group, he oversees day-to-day operations, acquisitions of new properties and asset management of the portfolio.
-
George Abood -
Ninigret Group, L.C.
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S 300 S Industrial Loop Rd - Ninigret Depot
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