Contacts
Bobby Stevens
Colliers
(801) 947-8342
Andrew Bell
Colliers
(801) 981-4922
Property Details
- Property Type Industrial
- Property Size 39,981 SF
- Building Class C
- Year Built 1979
- Date Updated Apr 5, 2024
- Clear Height 20'
- Electricity Service 200 Amps @ 480V 3-Phase
10 Year - Sale Leaseback - American Equipment Colliers Salt Lake City and Colliers Private Equity Advisory Group are pleased to offer a sale leaseback opportunity for an infill industrial crane manufacturing facility in Salt Lake City, Utah. The company just recently signed a ten-year lease agreement with Adam Zimmerman who is the president. Adam will be transitioning to retirement and Troy Vellinga an industry veteran will be back-filling his position as CEO. This specialized building will allow American Equipment systems to service their wide national platform which Adam’s father started back in 1969. American Equipment Systems has a strong financial profile, and this new facility is key to the great growth story. The company has an estimated 2023 pro forma of $307.5 Million topline revenue and an adjusted EBITDA of $33.7 Million. |
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Getting around
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Location
- City Salt Lake City, UT
- Neighborhood Glendale
- Zip Code 84104
- Market Salt Lake City
Points of Interest
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Redwood Junction
1.91 miles
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River Trail
2.01 miles
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Decker Lake
2.18 miles
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1940 West North Temple
2.54 miles
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Power
2.74 miles
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West Valley Central
2.86 miles
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Fairpark
2.99 miles
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Salt Lake Central
3.06 miles
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Ballpark
3.15 miles
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Central Pointe
3.21 miles
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Chevron
0.31 miles
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Sapp Brothers Travel Centers - Salt Lake City
0.58 miles
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Maverik
0.59 miles
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Chevron
0.72 miles
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Maverik
0.77 miles
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Maverik
0.90 miles
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Chevron
1.70 miles
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7-Eleven
1.71 miles
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Maverik
1.94 miles
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ChargePoint
2.09 miles
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Salt Lake Diesel Wash
0.81 miles
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VIP Car Wash
1.16 miles
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Fox Rent a Car
1.85 miles
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Hertz Lyft Express Drive
2.32 miles
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Advantage/Ez Rent-A-Car
2.42 miles
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Affordable Rent-A-Car
2.54 miles
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VIP Car Wash
2.91 miles
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Mister Car Wash
2.94 miles
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Enterprise
2.95 miles
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Hertz
3.19 miles
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Nomad Eatery
0.23 miles
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Port of Subs
0.41 miles
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Horn of Africa
0.42 miles
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El Rey Del Pollo
0.43 miles
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Burger King
0.61 miles
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Apple Barrel
0.61 miles
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Del Taco
0.82 miles
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Grinders 13
0.94 miles
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My Sugar's Donut Shoppe
0.96 miles
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McDonald's
0.96 miles
In-Depth Research Available for this Property
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