TWO BUILDING MULTI-TENANT INDUSTRIAL

BRYCE BLANCHARD, [email protected]

LUCAS M. [email protected]

ZACH [email protected]

EXCLUSIVELY MARKETED BY:

TWO BUILDINGMULTI-TENANT INDUSTRIAL2064-2100 West Alexander StreetWest Valley City, Utah

INVESTMENT MEMORANDUM

15 80 84215201 193 111 75

ALEXANDER STREET

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EXECUTIVE SUMMARY & HIGHLIGHTS

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TWO BUILDING MULTI-TENANT INDUSTRIALINVESTMENT MEMORANDUM

EXECUTIVE SUMMARY & HIGHLIGHTS

ASSET HIGHLIGHTS

2064 WEST ALEXANDER STREET 2100 WEST ALEXANDER STREET

In a market with few willing sellers, Newmark Grubb ACRES is pleased to present this two building multi-tenant industrial asset for investment sale (make an offer). Located in the thriving Decker Lake Business Park, these assets are strategically within minutes of I-215, 201 Freeway and Redwood Road and are delivered free of any existing debt.

SALE PRICE Make Offer

BUILDING SQUARE FOOTAGE 98,000

ACREAGE 4.74

NET OPERATING INCOME $457,915

OCCUPANCY 100%

NUMBER OF TENANTS 5

TOTAL SQUARE FOOTAGE 66,000

NUMBER OF TENANTS 3

OCCUPANCY 100%

DOCK DOORS 6

GRADE LEVEL DOORS 5

CLEAR HEIGHT 20’

TOTAL SQUARE FOOTAGE 32,000

OFFICE SQUARE FOOTAGE 6,800

MEZZANINE 7,400 (Not in Total SF)

OCCUPANCY 100%

GRADE LEVEL DOORS 4

CLEAR HEIGHT 18’

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RENT ROLL

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RENT ROLL

RENT ROLL AS 1/1/17

BLDG SUITE TENANT ORIGINAL LEASE DATE SF RATE MONTHLY ANNUAL LED COMMENTS

2100 B BMS Limited 6/19/2014 16,000 $0.39 $6,281 $75,366 12/31/2017 3% Increase 8/1/17. One (3) year renewal option at FMV

A Elite Level Sports Academy 16,000 $0.38 $6,080 $72,960 12/31/2018 One (2) year renewal option at 3% increase above last months rent

32,000 $12,361 $148,326

2064 CDE&F High Tech Welding & Machine 7/1/2004 29,856 $0.46 $13,833 $165,999 7/31/2019 No Renewal Options

A Putnam Business International 1/1/2005 10,500 $0.43 $4,550 $54,600 12/31/2019

4% Increase 1/1/17, 2.9% Annual Increases thereafter. One (3) year

renewal option at FMV

B Charity Vision International 3/1/2016 25,644 $0.37 $9,424 $113,090 5/31/2021 3% Annual Increases every March. One (5) year renewal option at FMV

66,000 $27,807 $333,689

Total 98,000 $0.41 $40,168 $482,016

INVESTMENT SUMMARYGross Income $482,016

Vacancy and Reserves (5%) $(24,101)

Net Operating Income $457,915

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AERIAL MAPS

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ASSET SPECIFICATIONS

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ASSET SPECIFICATIONS

2064 WEST ALEXANDER STREETBUILDING SIZE 66,000 SF

ACREAGE 3.21

LOADING SIDE

DOCK DOORS 6

GRADE LEVEL DOORS 5

COLUMN SPACING 29’ X 32’

CLEAR HEIGHT 20’

ZONING M

EXTERIOR WALL BLOCK

SPRINKLERS WET SYSTEM (NON ESFR)

HVAC YES

# OF TENANTS 3

CURRENT OCCUPANCY 100%

BUILT 1992

ROOF Ballasted EPDM (24,859 SF Replaced in 2012)

2100 WEST ALEXANDER STREETBUILDING SIZE 32,000 SF

ACREAGE 1.43

LOADING REAR

GRADE LEVEL DOORS 4

COLUMN SPACING 32’ X 50’

CLEAR HEIGHT 18’

ZONING M

EXTERIOR WALL BLOCK

SPRINKLERS WET SYSTEM (NON ESFR)

HVAC YES

# OF TENANTS 2

CURRENT OCCUPANCY 100%

BUILT 1995

ROOF Ballasted RPDM (Replaced in 2012)

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PHOTOS

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PHOTOS

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AREA INFORMATION

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AREA INFORMATION

WHY INVEST IN UTAH?

#1

TOP 10

#3

#2

EMPLOYMENT

GLOBALLY RANKED

AAA

#1 FOR BUSINESS

#1

#1 FOR 2014 ECONOMIC OUTLOOK RANKINGS (ALEC, 2015)

ECONOMICOUTLOOK FUNAMENTALLY

SOUNDHIGHEST RESULTS IN 6 PERFORMANCE CATEGORIES(US Chamber Foundation, October 2015)

LABOR MARKETSALT LAKE & PROVO BOTH RANKED TOP 10 (Forbes, 2015)

#3 TOP STATES FOR BUSINESS (CNBC)

#2 STATE THAT WILL BOOMOVER THE NEXT 5 YEARS (Forbes, 2014)

UNEMPLOYMENT IS SECOND LOWEST IN NATION(Dept. of Workforce Services)

SALT LAKE CITY RANKED ONE OF THE “15 BEST CITIES TO DO BUSINESS GLOBALLY”(Fortune)

1 OF 13 STATES AWARDED A AAA CREDIT RATING(Standard & Poor’s, 2015)

#1 BEST STATE FOR BUSINESS(Forbes, 2015)

#1 PRO-BUSINESS STATE FOR 3RD CONSECUTIVE YEAR(Pollina and AEDI)

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AREA INFORMATION

5 NATIONAL PARKS

43 STATE PARKS

14 WORLD-CLASS SKI RESORTS

SALT LAKE RANKED ONE OF THE HEALTHIEST METRO AREAS(ATLANTIC CITIES MAGAZINE)

OVER 9 MILLION ACRES OF NATIONAL FOREST

UTAH HAS 6TH LOWEST CRIME RATE IN THE U.S.

#1 HIKING CITY (SALT LAKE CITY)

(NATIONAL GEOGRAPHIC ADVENTURE)

SALT LAKE RANKED BEST PLACE TO LIVEPARK CITY RANKED BEST TOWN EVER(OUTSIDE MAGAZINE)

2ND MOST LIVABLE STATE(CQ PRESS, 2013)

#1 STATE FOR FUTURE LIVABILITY(GALLUP WELLBEING)

SALT LAKE CITY LIFESTYLE

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MARKET INFORMATION

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MARKET INFORMATION

2016 MIDYEAR MARKET REPORTCLICK TO VIEW

TWO BUILDING MULTI-TENANT INDUSTRIAL

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