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Office Warehouse

2380 S 1900 W

2380 S 1900 W, Ogden, UT 84401

Listing Price: $11,750,000

Cap Rate
4.82%
Gross SF
86,320
Price/Gross SF
$136.12
Lot Size
5.44 acres
Year Built
1957
Rentable SF
86,320

Investment Overview

The property located at 2380 South 1900 West is a collection of five separate buildings, totaling nearly 90,000 square feet on almost five-and a-half acres of land. With its individual buildings, the property is ideally suited for multiple tenants operating manufacturing, distribution, or production businesses. Truck ingress and egress is convenient for each of the buildings, and parking is abundant. The property is also serviced by a railroad spur allowing easy loading and unloading of railroad cars.

Directly in front of the property, the average annual daily traffic exceeds 25,000 cars on 1900 West. The nearest cross street, 2550 South, sees well over 10,000 cars on average per day.

Since the Golden Spike was driven in 1869 connecting the two legs of the First Transcontinental Railway, Ogden, Utah has been a major rail and freight hub making it an ideal location for manufacturing. To this day, Ogden is home to a multitude of heavy and light manufacturing operations, industrial suppliers, distribution and fulfillment centers, and logistics companies.

The population within a 5-mile radius of the property is 179,697 with a forecasted population of 187,543 in five years. The Ogden-Clearfield Metropolitan Statistical Area (MSA) has an estimated 2019 population of 683,864 - a 20% growth over 9 years - making it the second largest MSA in Utah. Ogden is also home to Weber State University, a public university with nearly 27,000 students.

Investment Highlights

  • Ideal Location in the Heart of Ogden's Manufacturing and Industrial Corridor
  • Strong Tenant Mix - Regional and National Tenants
  • 12,000 SF Addition Planned for Mid-2021 with Pre-Signed Leases
  • Railroad Spur on the Property
  • Recent Property Upgrades
  • Staggered Leases

Exclusively Listed By

Financing By

Listing Price: $11,750,000

Cap Rate
4.82%
Gross SF
86,320
Price/Gross SF
$136.12
Lot Size
5.44 acres
Year Built
1957
Rentable SF
86,320

Investment Highlights

  • Ideal Location in the Heart of Ogden's Manufacturing and Industrial Corridor
  • Strong Tenant Mix - Regional and National Tenants
  • 12,000 SF Addition Planned for Mid-2021 with Pre-Signed Leases
  • Railroad Spur on the Property
  • Recent Property Upgrades
  • Staggered Leases

Investment Overview

The property located at 2380 South 1900 West is a collection of five separate buildings, totaling nearly 90,000 square feet on almost five-and a-half acres of land. With its individual buildings, the property is ideally suited for multiple tenants operating manufacturing, distribution, or production businesses. Truck ingress and egress is convenient for each of the buildings, and parking is abundant. The property is also serviced by a railroad spur allowing easy loading and unloading of railroad cars.

Directly in front of the property, the average annual daily traffic exceeds 25,000 cars on 1900 West. The nearest cross street, 2550 South, sees well over 10,000 cars on average per day.

Since the Golden Spike was driven in 1869 connecting the two legs of the First Transcontinental Railway, Ogden, Utah has been a major rail and freight hub making it an ideal location for manufacturing. To this day, Ogden is home to a multitude of heavy and light manufacturing operations, industrial suppliers, distribution and fulfillment centers, and logistics companies.

The population within a 5-mile radius of the property is 179,697 with a forecasted population of 187,543 in five years. The Ogden-Clearfield Metropolitan Statistical Area (MSA) has an estimated 2019 population of 683,864 - a 20% growth over 9 years - making it the second largest MSA in Utah. Ogden is also home to Weber State University, a public university with nearly 27,000 students.

Exclusively Listed By

Financing By

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