Ground Lease Development
For Lease
Contact for pricing
2280 Highland Dr, Salt Lake City, UT 84106
Ground lease opportunity on MU-11 zoned land near major retail and higher education employers.
Space SizeContact for details
Lot Size0.42 Acres
Days on Market66
Property Features for 2280 Highland Dr
General Information
Standard status
Active
Lot size
0.42 Acres
Property subtype
Land
Zoning
MU-11
Listing Agency:
Salt Lake City - Millrock
(801) 947-8319
Listed By:
Zach Beaudry · License #5461116-SA00
(801) 947-8319
Source:
Colliers
Added: Jun 21
Changed: Aug 8
Last Checked: Jul 16 at 1:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Salt Lake City - Millrock
Investment Insights
Based on property information with market context.
This offering presents a ground lease development site measuring 0.42 acres, zoned MU-11. The property is positioned as a flexible land option for qualified operators seeking to plan and develop within the constraints of the MU-11 zoning designation.
The site is located along Highland Dr in the Sugar House area of Salt Lake City, a high-demand commercial corridor. It is described as being close to the University of Utah and Westminster University. The surrounding tenant mix includes Whole Foods, Target, Barnes & Noble, Patagonia, Smith’s, Chick-fil-A, and University of Utah Health Center, supporting a diversified retail and services environment.
For tenants and developers evaluating sites for future buildout, this parcel offers the advantage of working from land that is already identified for MU-11 use. Interested parties should review the MU-11 zoning requirements and applicable ground lease terms to confirm their intended concept and site plan requirements. The proximity to university-related activity and established retail can be relevant for users seeking steady demand from both residents and institutional populations.
The site is located along Highland Dr in the Sugar House area of Salt Lake City, a high-demand commercial corridor. It is described as being close to the University of Utah and Westminster University. The surrounding tenant mix includes Whole Foods, Target, Barnes & Noble, Patagonia, Smith’s, Chick-fil-A, and University of Utah Health Center, supporting a diversified retail and services environment.
For tenants and developers evaluating sites for future buildout, this parcel offers the advantage of working from land that is already identified for MU-11 use. Interested parties should review the MU-11 zoning requirements and applicable ground lease terms to confirm their intended concept and site plan requirements. The proximity to university-related activity and established retail can be relevant for users seeking steady demand from both residents and institutional populations.
Key Highlights
- 0.42‑acre ground lease property on MU‑11 zoned land
- Located in the Sugar House area with proximity to the University of Utah and Westminster University
- Nearby tenant roster includes Whole Foods, Target, Barnes & Noble, Patagonia, Smith’s, Chick‑fil‑A, and University of Utah Health Center
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,261
Businesses Nearby
Explore this area
Business Placement
Demographics for 84106, UT
35,892
Population
16,782
Households
2.1
Avg Household Size
35
Median Age
57%
College-Educated
97%
High-School Grad
6.0 sq mi
ZIP Area
5,982
Density / Sq Mi
$94,452
Median Household Income
$56,358
Median Earnings
$1,576
Median Rent
$529,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Ground lease opportunity on MU-11 zoned land near major retail and higher education employers.
Where is this commercial land located?
The property is located at 2280 Highland Dr Salt Lake City, UT.
What are key features of this property?
This property features: 0.42‑acre ground lease property on MU‑11 zoned land; Located in the Sugar House area with proximity to the University of Utah and Westminster University; Nearby tenant roster includes Whole Foods, Target, Barnes & Noble, Patagonia, Smith’s, Chick‑fil‑A, and University of Utah Health Center
