Greenprint at North Temple
837 West North Temple Street, Salt Lake City, UT United States
OVERVIEW
Cushman & Wakefield as exclusive advisor is pleased to present the opportunity to acquire Greenprint at North Temple (the “Property” or “Greenprint”). Greenprint is a nearly fully occupied 113-micro unit apartment building situated in the North Temple corridor of Salt Lake City, Utah.
Salt Lake City, serving as both the capital of Utah and its cultural and economic hub, is renowned for its robust demographics, availability of jobs and higher education, affordability, and unparalleled access to outdoor recreation, making it the vibrant urban core of the mountain west.
Originally constructed in 2022 by the current owner, Greenprint appeals to young professionals due to its proximity to downtown, transit-oriented location, and affordability. Situated in the heart of Salt Lake’s rapidly expanding North Temple corridor, the Property is positioned to capture significant renter demand following ongoing investments in the area. Greenprint is located within a mile from The Larry H. Miller Company’s (LHM) Power District, a 100-acre multi-phase development, planned to include Rocky Mountain Power’s new, state-of-the-art headquarters, apartments, retail outlets, and a potential Major League Baseball (MLB) stadium. Lastly, the Property is just one block away from the Utah State Fairpark, which is scheduled to transform into a year-round event facility. Greenprint’s affordability, access to transit, and high-growth location, position the Property for tremendous growth for years to come.
In conjunction to this offering, the adjacent O’Reilly Auto Parts site (0.91 acres), is available for sale as a covered-land play, allowing a buyer to control a sizeable, contiguous chunk of the North Temple corridor. Please see OM for more details.
Details
- Building Size:
- 30,203 SF
- Sale Price:
- $18,107,966 USD
- Price Per Unit:
- $160,247.00 / USD
- Lot Size:
- .89 Acres
- Year Built:
- 2022
AVAILABILITIES