9150 SOUTH 500 WESTL A N D & O F F I C E S F O R S A L E • S A N D Y , U T A H

Executive SummaryCBRE is pleased to present this opportunity to purchase the Canyons School District building and land. Built in 1982, the Canyons School District office building and land are located in Sandy, Utah with quick and easy access to Interstate 15 from 9000 South.

Sale includes: - 37,565 sq. ft. single story office building situated on 5.44 acres is well equipped for administrative offices and call centers (High parking ration) - 7.83 acre parcel of land suited for light industrial use or expansion of office - Questar natural gas station with a monthly royalty lease income

The overall location is close to the FrontRunner South Jordan Station and the South Towne Shopping Center which offers major food and retail options and public transportation.

± 7.83 Acres$6.75 per sq. ft.

$2,300,000

Main Building± 5.44 Acres

37,565 sq. ft. OfficeExtra Parking$4,000,000

Questar Gas Station

$1,175/month income

$225,000

The Canyons School District building and lands are located within an Industrial/Commercial district with many light industrial businesses surrounding it as well as some residential, commercial, retail and offices. It has served as a bank in the past and so has drive up capabilities, with 223 parking stalls at a ratio of 5.94/1,000.

ADJACENT PROPERTIES

WEST• Residential

EAST• Industrial• Commercial

NORTH• Industrial• Commercial

SOUTH• Industrial• Commercial

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+ ± 13.97 acres total − 7.83 acres land − 5.44 acres with main building − 0.71 acres with natural gas station

+ 608,533.20 sq. ft. land

+ 37,565 sq. ft. building

+ Parcel #: 27-01-301-009, 27-01-351-034, 27-01-351-033

+ Mixed use land, Industrial/Commercial building (current use: offices)

+ ID - Industrial Commercial District Zoning

+ Frontage on 500 West, 875 ft.

+ Built in 1982

+ Mostly level topography, at street grade with 500 West

+ Traffic Count on 500 West, 2014 AADT: 18,000

+ 500 West is a two-lane (one lane per direction of travel) asphalt paved roadway, that is improved with concrete sidewalk, curb, and gutter

+ Total Sale Price: $6,525,000.00 − 7.83 acres: $2,300,000 − Main building: $4,000,000 − Natural gas station: $225,000

Main Building - Property Features

+ ± 5.44 acres

+ 236,966.40 sq. ft. land

+ 37,565 sq. ft. building

+ Parcel #: 27-01-301-009

+ Commercial building (current use: offices)

+ ID - Industrial Commercial District Zoning

+ Frontage on 500 West, 434 ft.

+ 223 parking stalls (5.94/1,000 ratio)

+ Built in 1982

+ Traffic Counts 500 West 2014 AADT: 18,000

+ Sale price: $4,000,000.00

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APRIL 3, 2014

VCBO ARCHITECTURE524 SOUTH 600 EASTSALT LAKE CITY, UTAH 84102

(801) 575-8800(801) 531-9850www.vcbo.com

a1.01 overall floor plan.dwg

SCALE:

OVERALL FLOOR PLAN1/8" = 1'-0"

A3

RECEPTION

STOR.G600

MECHANICALA902

MECHANICALA901

JANITOR'SOFFICE

A900

STOR.201

COPYROOMD200

VAULTD500

OQUIRRHROOMC102

WASATCHROOMC112

OFFICEC103

OFFICEC109

OFFICEC201

OFFICEC202

OFFICEC203

OFFICEC204

OFFICEC403

OFFICEC402

MENB200

WOMENB100

PHONED100

JAN.A1000

BELLCANYON

ROOMA1100

OFFICEG102

OFFICEG201

COPY ROOMF109

WORKROOMG401

RECEPTIONF100

RECEPTIONC110

RECEPTIONC100

OFFICEC101

STAGE

OFFICEA1202

CLOSET

CLOSETD400

RECEPTIONA100

OFFICEG408

OFFICEG407

OFFICEG406

OFFICEG405

OFFICEG404

OFFICEG403

OFFICEG402

OFFICEG412

OFFICEG413

OFFICEG414

G400

OFFICE CANYON

ROOMF111

OFFICEF108

OFFICEF110

OFFICEF106

OFFICEF105

OFFICEF104

OFFICEF101

OFFICEF102

OFFICEF103

G H

ALL

F HALL

STOR.F200OFFICE

F300

OFFICEF301

OFFICEE400

OFFICEE500

OFFICEE600

ELEC.E100

OFFICEE200

CONFERENCEE300

OPENOFFICEA1200

STOR.A1201

STORAGEG202

OFFICEA101

SEC.A103

OFFICEA102

CONF.A501BIG

COTTONWOODCANYON ROOM

A500

STORAGEA502

STORAGEA503

STOR.A800

KITCHENA700 STORAGE

A600

OFFICEA200

OFFICEA300

BHALL

BREAKROOMA800

STOR.202

STOR.D203

CLOSETD300

OFFICEC401

RECEP.C400

LITTLECOTTONWOOD

ROOMC300

OFFICEC104

OFFICEC105

OFFICEC106

OFFICEC107

OPENOFFICE

C200

E H

ALL

D HALL

VESTIBULE

VEST.

VEST.

VEST. VEST.

WAITING

STOR.G601

OFFICEG503

CONF.G501SECRETARY

G500

OFFICEG411

OFFICEG410

OFFICEG409

STORAGEG502

I.T. ROOMG602

TOILETA801

TOILETA802

STOR.A803

C H

ALL

A HALLA HALL

OFFICEG203

OFFICEG200

OFFICEG105

OFFICEG104

OFFICEG103

RECEPTIONG101

CONFERENCEC108

STORAGEC205

OFFICEF107

CONF.G300

RECEPTIONA1203

OFFICEC111

Natural Gas Station - Property Features

+ 0.71 acre

+ Parcel #: 27-01-351-034

+ Frontage on 500 West, 245 ft.

+ Built in 1990

+ Traffic Counts 500 West 2014 AADT: 18,000

+ Rental income: $1,175 per month

+ Sale price: $225,000

Historical Royalty Income Amount

10/01/16 to 10/31/16 $1,130.38

09/01/16 to 09/30/16 $1,063.47

08/01/16 to 08/31/16 $1,293.37

07/01/16 to 07/31/16 $1,247.70

06/01/16 to 06/30/16 $1,337.33

05/01/16 to 5/31/16 $1,179.08

04/01/16 to 04/30/16 $1,131.73

03/01/16 to 03/31/16 $1,115.28

02/01/16 to 02/29/16 $1,001.65

01/01/16 to 01/31/16 $1,135.70

12/01/15 to 12/31/15 $1,310.90

11/01/15 to 11/30/15 $1,414.11

10/01/15 to 10/31/15 $1,796.09

Natural Gas Station - Property Features

Land - Property Features

+ 7.83 acres land

+ Parcel #: 27-01-351-034, 27-01-351-033

+ Mixed use land

+ ID - Industrial Commercial District Zoning

+ Frontage on 500 West, 194 ft.

+ Mostly level topography, at street grade with 500 West

+ Traffic Count on 500 West, 2014 AADT: 18,000

+ Sale Price: $2,300,000

Land - Property Features

1,300 ft

436 ft

249 ft

197 ft

Rio TintoStadium

Salt LakeCommunity

College

SouthTownMall

Sam’sClub

Area Amenities

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2016 Estimated Population 1 Mile 3 Miles 5 Miles

2016 Estimated Population 8,244 116,859 327,754

2021 Projected Population 8,727 124,209 346,984

2016 Estimated Households 3,188 40,341 108,122

2021 Projected Households 3,374 42,988 114,631

Population Growth 2010-2016 9.5% 14.1% 9.7%

Population Growth 2016-2021 5.9% 6.3% 5.9%

2016 Average Household Income $71,753 $80,234 $92,998

2021 Projected Household Income $73,643 $81,638 $94,687

Regional Drive Times

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Employment within the State grew 3.0% during 2016 compared to 1.6% over the same time period in the entire United States. The state’s unemployment rate of 3.1% is down from 3.4% a year earlier. By comparison, the U.S. unemployment rate for the same period was 4.6%.

Additional economic highlights and State accolades are listed below:

Utah Economy – Utah’s story remains similar to recent years; economic growth is outperforming the national economy and the outlook remains bright.

Demographic Shifts – Utah was declared the fastest-growing state in the nation, according to the U.S. Census Bureau, with a 2.03% increase in growth from 2015-2016.

Labor Market – With an unemployment rate of 3.1%, Utah lauds one of the lowest unemployment rates in the nation.

Future Growth – Utah’s employment growth rate has been positive and steadily increasing since 2011, averaging 3.0% over the period—about twice the national rate of growth. This average rate is expected to remain for the near-term.

Utah’s Tech Industry – From 2010-2015, technology jobs in and around Salt Lake City increased by 22% making it the tenth-fastest growing tech area in the nation. This growth has had positive effects on the local economy, including commercial real estate, as tech firms accounted for 37% of top leases finalized through mid-year 2016. With a strengthening presence along the Wasatch Front, Silicon Slopes has also become a force for economic growth within the state and has contributed to Business Insider ranking Salt Lake City as the #1 hot startup city that isn’t San Francisco or New York City.

Exports and Manufacturing – Utah continues to play a key role in the global export market, currently ranking #9 in the nation for export growth. Manufacturing in the aerospace and medical device industries also has a growing presence in Utah, while gold remains the state’s #1 export.

Business Growth – Pollina Corporate ranked Utah as the #1 pro-business state in the nation for the fourth year in a row. Utah has also been ranked America’s top state for business in 2016 by CNBC while Forbes named Utah the #1 best state for business for the 6th time (2016).

© 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

For more information, please contact:

Patrick JuhlinSenior Associate+1 801 869 8005patrick.juhlin@cbre.com

Tab CornelisonSenior Vice President+1 801 869 8037tab.cornelison@cbre.com

9150 SOUTH 500 WESTL A N D & O F F I C E F O R S A L E • S A N D Y , U T A H