CONSTRUCTION VIRTUAL TOUR VIRTUAL FLYOVER FOR LEASE ...

2 BUILDINGS // 266,064–550,819 SF BUILD-TO-SUIT OPTIONS FOR LEASE // POWERHOUSE INDUSTRIAL PARK

VIRTUAL TOUR VIRTUAL FLYOVER

LOCATED IN A QUALIFIED OPPORTUNITY ZONE

UNDER

CONSTRUCTIO

N

https://web.snaploader.com/3d/?tag_id=82f33197-521c-4556-b078-6d50a55ea1d7&model_id=78c84314-fb76-46d8-9c85-131049074469

https://youtu.be/axQVDRclMeE

1820 NORTH TECHNOLOGY DRIVE // SPRINGVILLE // UTAH 84663

POWERHOUSE INDUSTRIAL

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BUILDING 1

SUMMARY

At over 550,000 square feet across 30.75 acres, PowerHouse Industrial Park is located in Utah County’s only qualified industrial opportunity zone, offering tenants significant potential tax advantages with the benefits of relevant and current design, brand new construction, substantial parking, competitive rates and an experienced development team. The quality of the asset combined with its strategic location creates a unique opportunity for tenant operations. Call for pricing.

> 266,064 total SF

> 17,740 SF minimum divisibility

> 36 dock-high doors

> 9 ground-level doors

> 30’ clear height

> 281 parking stalls

> 284,755 total SF

> 21,940 SF minimum divisibility

> 30 dock-high doors

> 8 ground-level doors

> 30’ clear height

> 352 parking stalls

BUILDING 2

http://view.ceros.com/colliers-salt-lake-city/powerhouse/p/1



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SITE PLAN

50’

56’

56’

56’

56’

56’

60’

56’

DOCK AREA DOCK AREA DOCK AREA

60’

55’

50’

50’

50’

50’

56’

BUILDING 1266,064 SF

LOT SIZE16.31 ACRES

DOCK AREA DOCK AREA DOCK AREA DOCK

AREA

PARKING

PARKING

PARK

ING

PARK

ING

PARK

ING

PARK

ING

RAMP AREA

RAMP AREA

RAMP AREA

RAMP AREA

RAMP AREA

RAMP AREA

RAMP AREA

RAYMOND KLAUCK WAY

MO

UN

TAIN

SPR

ING

S PA

RKW

AY

TECH

NO

LOG

Y D

RIVE

BUILDING 2284,755 SF

LOT SIZE13.63 ACRES




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BUILDING 1 FLOOR PLAN

BUILDING 1 >> 266,064 SF // 30’ clear height // 17,740 SF minimum divisibility




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BUILDING 2 FLOOR PLAN

BUILDING 2 >> 284,755 SF // 30’ clear height // 21,940 SF minimum divisibility




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BUILDING 1 ELEVATION

WEST ELEVATIONEAST ELEVATION

NORTH ELEVATION

SOUTH ELEVATION




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BUILDING 2 ELEVATION

WEST ELEVATIONEAST ELEVATION

NORTH ELEVATION

SOUTH ELEVATION




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SITE MAP

SITE




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KEY FACTS

EDUCATION EMPLOYMENT 2019 POPULATION BY GENERATION

36,004

7% 65%

815 $72,270

28.1

93% 23%

13,384 $24,535

3.43

75% 12%

39% 6.4%

37,760 $138,930

Population

No High School Diploma White CollarSilent and Greatest Generation

Baby Boomer

Generation X

Millennial

Generation Z

Generation Alpha

0 4,000 8,000 12,000

Total Businesses Median Household Income

Median Age

High School Graduate Blue Collar

Total Employees Per Capita Income

Average Household Size

Some College Services

College Degree Unemployment

Daytime Population Median Net Worth

BUSINESS INCOMEUtah Lake

Springville

Spanish Fork

Provo

SPRINGVILLE DEMOGRAPHICS




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UTAH COUNTY MAJOR MANUFACTURING




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• ••

•

••

••

••

••

••• •

•••

••

••

••• •

•

•

••

• ••

••

••

• •Miles

350280210140700

Seattle Spokane

Yakima

Great Falls

Portland

Missoula

Salem

Helena

Eugene

Billings

Boise

Medford

Idaho Falls

PocatelloTwin Falls

Casper

Ogden

Salt Lake City

Reno

Cheyenne

Provo

Sacramento

San Francisco

BoulderDenver

Grand JunctionColorado Springs

Fresno

Pueblo

Las Vegas

BakersfieldSanta Fe

Flagstaff

Los AngelesAlbuquerque

San DiegoPhoenix

TucsonLas Cruces

St George

At the epicenter of the Western United States, Utah’s geographic position is ideal for a growing number of distribution, shipping and trucking companies. Utah offers easy access to Interstates 15, 70 and 80, as well as a number of other U.S. Highway and State Routes. Springville in Utah County is less than 900 miles to every city in the Western United States.

CROSSROADS OF THE WEST

CITY DRIVE TIME (65 MPH)Albuquerque, NM 549 miles 8.44 hours

Bakersfield, CA 657 miles 10.11 hoursBillings, MT 598 miles 9.20 hours

Boise, ID 392 miles 6.03 hoursBoulder, CO 487 miles 7.49 hoursCasper, WY 430 miles 6.62 hours

Cheyenne, WY 462 miles 7.11 hoursColorado Springs, CO 541 miles 8.32 hours

Denver, CO 475 miles 7.31 hoursEugene, OR 840 miles 12.92 hours

Flagstaff, AZ 472 miles 7.26 hoursFresno, CA 767 miles 11.8 hours

Grand Junction, CO 234 miles 3.6 hoursGreat Falls, MT 620 miles 9.54 hours

Helena, MT 533 miles 8.20 hoursIdaho Falls, ID 263 miles 4.05 hours

Las Cruces, NM 769 miles 11.83 hoursLas Vegas, NV 375 miles 5.77 hours

Los Angeles, CA 642 miles 9.88 hoursMedford, OR 783 miles 12.05 hoursMissoula, MT 574 miles 8.83 hours

Ogden, UT 87.6 miles 1.35 hoursPhoenix, AZ 616 miles 9.48 hours

Pocatello, ID 213 miles 3.28 hoursProvo, UT 6 miles 0.09 hours

Pueblo, CO 517 miles 7.95 hoursReno, NV 564 miles 8.68 hours

Sacramento, CA 695 miles 10.69 hoursSaint George, UT 255 miles 3.92 hoursSalt Lake City, UT 51.6 miles 0.79 hours

San Diego, CA 703 miles 10.82 hoursSan Francisco, CA 782 miles 12.03 hours

Santa Fe, NM 576 miles 8.86 hoursSeattle, WA 879 miles 13.52 hours

Spokane, WA 771 miles 11.86 hoursTucson, AZ 728 miles 11.20 hours

Twin Falls, ID 268 miles 4.12 hoursYakima, WA 737 miles 11.34 hours




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Utah County Industrial // Second Quarter 2021Ave. Asking Lease Rates

Vacancy

Market Indicators

MARKET STATISTICS

Absorption

CENTRAL

Construction

Overall Market Totals

*For existing product — does not include asking rents currently under construction




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48%OF UTAHNS HAVE

OBTAINED POSTSECONDARYCERTIFICATES OR DEGREES

(UTAH.GOV)

MORE THAN

35HIGHER EDUCATION

INSTITUTIONS IN UTAH(NATIONAL DATABASEOF SCHOLARSHIPS)

OVER

79THOUSANDDEGREES AWARDED

IN 2017(DATAUSA.IO)

Utah boasts a HighlyEducated & Skilled

Workforce

UTAH IS EXPERIENCINGOVERWHELMING JOB GROWTH IN

CONSTRUCTION, FINANCIAL,HEALTH &

TECHNOLOGYSECTORS(UTAH.GOV)

ABOUT

54.5THOUSAND

JOBS ADDED TO UTAH’S ECONOMY FROM

JULY 2018-JULY 2019(U.S. BUREAU OF

LABOR STATISTICS)

Opportunities forJobs & Careers

in Utah are Plentiful

ONE OF THE FASTESTGROWING STATES IN THE U.S.

20.7%POPULATION INCREASE

2010-2020(ESRI BAO)

MEDIAN AGE OF

30.9THE YOUNGEST STATE INTHE U.S. BY MEDIAN AGE

(ESRI BAO)

Utah is aYoung & High-Growth

State

THERE ARE MORE THAN

571THOUSAND

MORE PEOPLE IN UTAHTHAN THERE WERE IN 2010

(ESRI BAO)

UTAH NAMED

#2BEST STATE

FOR BUSINESS IN 2018(FORBES)

RANKED

2ndBEST STATE FOR

OVERALL ECONOMY(U.S. NEWS: BESTSTATES RANKING)

AMONG THE TOP STATESIN THE U.S. FOR JOB GROWTH

3.6%UTAH’S JOB GROWTH RATE

JULY 2018-JULY 2019(U.S. BUREAU OF

LABOR STATISTICS)

TheEconomic Conditions

in Utah are Great

ABOUT

15%OF UTAH RESIDENTS SPEAK

A LANGUAGE OTHERTHAN ENGLISH AT HOME

(THE SALT LAKE TRIBUNE)

OVER

120LANGUAGES

SPOKEN IN UTAH(DESERET NEWS)

MORE THAN

246THOUSANDSPANISH SPEAKERS(U.S. CENSUS BUREAU)

Utah contains aMultilingualPopulation

RANKED

4thBEST STATE FOR

VENTURE CAPITAL(U.S. NEWS: BESTSTATES RANKING)

WHY UTAH?


Jarrod Hunt+1 801 787 [email protected]

Josh Martin+1 801 830 [email protected]

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2021. All rights reserved.

CONSTRUCTION VIRTUAL TOUR VIRTUAL FLYOVER FOR LEASE ...

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