Listing Agency: CBRE | Salt Lake City m***@cbre.com Show Phone

Listed By: Matt McAfee · License #7205763-SA00 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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Investment Insights

Based on property information with market context.

This new construction property, located on the corner of Gustin Road and Ninigret Drive, offers 201,637 square feet of warehouse and industrial space. The location provides quick access to California Avenue and Bangerter Highway. It can be used as a distribution property.

Key Highlights

• New construction
• Corner lot location
• Quick access to California Avenue

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Dental Office Veterinary Clinic Daycare Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

369

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 84104, UT

23,487

Population

8,452

Households

2.8

Avg Household Size

31

Median Age

22%

College-Educated

78%

High-School Grad

21.6 sq mi

ZIP Area

1,087

Density / Sq Mi

$61,326

Median Household Income

$35,013

Median Earnings

$1,235

Median Rent

$318,100

Median Home Value

Market

Lease Benchmarks for Salt Lake City, UT

$12.18 /SF/Yr

Avg Asking Price

$5.33–$20.36 /SF/Yr

Price Range

94,416 SF

Avg Space Size

Vacancy Rate% for Industrial in Salt Lake City, UT

3.2% 2019

4.5% 2020

1.9% 2021

2.6% 2022

4.9% 2023

5.4% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - New construction warehouse space with quick highway access.

Where is this warehouse located?

The property is located at 1509 Gustin Road West Salt Lake City, UT.

What are key features of this property?

This property features: New construction; Corner lot location; Quick access to California Avenue