Once-in-a-lifetime Investment Opportunity
NEXUS Commercial Real Estate is proud to present a once-in-a-lifetime investment opportunity! The ROCKWELL RIDGE BUSINESS PARK is a two-building, 78,291 sq. ft., 100% leased, multi-tenant, Flex trophy asset with outsized growth potential driven by strong economic and demographic trends. It is located at what many consider to be the most desired Flex location in all of Salt Lake County (and Utah); right off I-15 exit at the gateway to The Point development, a 600-acre planned community in Draper. The park is supported by six adjacent retail buildings. Seller will lease back 53% of the space for 3-5 years. The remaining 47% is comprised of six units occupied by 4 tenants. All leases are NNN and WALT is 3.5 years. Year 1 NOI is $1,083,524 with potential to increase NOI by 41% in 5 years, and increase NOI by 123% in 10 years! Contact Jason for more info.
Details
- Investment Sale
- 78,291 Sq Ft Flex property
- 11.53 acres
- 100% occupied
- 5 tenants in 7 units
- 11 potential suites
- Built 2018
- $1,083,524 NOI
Our Services
Real Estate Done Right
Nervous about your property adventure? Don’t be. Whether you're getting ready to buy or sell, in the middle of it, or just looking for some answers, our top-notch skills ensure you get the best experience possible. It’s what we love to do.
Commercial Real Estate Specialists
Our firm has always believed in specialization in specific product types. This intense focus allows our agents to have a depth of market knowledge that greatly benefits our clients. If you have questions about availability, current values, market activity, or anything else related to commercial real estate, trust us to find what you need fast. We make sure you feel confident and educated every step of the way.
Leverage Our Network
The definition of NEXUS is: a connection or series of connections linking two or more things. We draw on our vast network of buyers, sellers, contractors, lenders, attorneys and agents to help our clients achieve their objectives.
Meet the Team
Jason Hagblom
Jason Hagblom
Jason Hagblom
Founder & Principal Broker
Email: jason@nexuscres.com
Area of Focus: Jason works with a primary focus on industrial property and land in Salt Lake and Utah Counties. He specializes in representing Owner and Tenant interests in sale, lease and build-to-suit transactions involving manufacturing plants, distribution warehouses, R&D facilities
Founder & Principal Broker
Email: jason@nexuscres.com
Area of Focus: Jason works with a primary focus on industrial property and land in Salt Lake and Utah Counties. He specializes in representing Owner and Tenant interests in sale, lease and build-to-suit transactions involving manufacturing plants, distribution warehouses, R&D facilities and other light industrial property types.
For over 14 years clients have trusted Jason to guide them through complex commercial real estate transactions. Having been involved in nearly 1,000 transactions totaling over 25 million square feet, Jason has gained a depth of knowledge that adds significant value to every deal he works on. In his spare time he enjoys golf, traveling and spending family time with his wife, two daughters, and french bulldog.
Wes Bastian
Jason Hagblom
Jason Hagblom
Industrial & Land Specialist
Wes is an Executive Real Estate Agent specializing in tenant representation and commercial property listings along the Wasatch Front with a particular focus on Utah County. He has negotiated transactions for a varying range of clients from high-tech industrial users to basic manufacturing companies. Wes' finan
Industrial & Land Specialist
Wes is an Executive Real Estate Agent specializing in tenant representation and commercial property listings along the Wasatch Front with a particular focus on Utah County. He has negotiated transactions for a varying range of clients from high-tech industrial users to basic manufacturing companies. Wes' financial background and local market knowledge add tremendous value to his clients and make him an essential part of the advisory team. Charged with leading market tours, analyzing market data and assembling contracts, Wes has created lasting business relationships by understanding the needs of his trusted clients and delivering solid information for them to make better real estate decisions.
Jordan Tilley
Jason Hagblom
Jordan Tilley
Industrial & Land Specialist
Jordan is a seasoned real estate professional bringing 7 years of dynamic experience to his role at Nexus. Specializing along the Wasatch Front, with a focus on Davis and Weber counties, he has successfully negotiated commercial leases and purchase contracts, showcasing a dedication to delivering tailored sol
Industrial & Land Specialist
Jordan is a seasoned real estate professional bringing 7 years of dynamic experience to his role at Nexus. Specializing along the Wasatch Front, with a focus on Davis and Weber counties, he has successfully negotiated commercial leases and purchase contracts, showcasing a dedication to delivering tailored solutions for clients. Outside the world of real estate, he is an avid world traveler and enjoys spending time with his wife and daughter, skiing, boating, and playing pickleball.