Conesco Listing Details & Market Data

1595 S Pioneer Rd #1, Salt Lake City, UT 84104

  • For Sale $13,000,000
  • 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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Contacts

broker

Bobby Stevens

Colliers

(801) 947-8342

broker

Andrew Bell

Colliers

(801) 981-4922

Location

Getting Around

  • Walk Score ®

    Car-Dependent (18)
  • Transit Score ®

    Some Transit (27)
  • Bike Score ®

    Somewhat Bikeable (44)
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  • City Salt Lake City, UT
  • Neighborhood Glendale
  • Zip Code 84104
  • Market Salt Lake City

Points of Interest

  • Redwood Junction

    1.91 miles

  • River Trail

    2.01 miles

  • Decker Lake

    2.18 miles

  • 1940 West North Temple

    2.54 miles

  • Power

    2.74 miles

  • West Valley Central

    2.86 miles

  • Fairpark

    2.99 miles

  • Salt Lake Central

    3.06 miles

  • Ballpark

    3.15 miles

  • Central Pointe

    3.21 miles

  • Chevron

    0.31 miles

  • Sapp Brothers Travel Centers - Salt Lake City

    0.58 miles

  • Maverik

    0.59 miles

  • Chevron

    0.72 miles

  • Maverik

    0.77 miles

  • Maverik

    0.90 miles

  • Chevron

    1.70 miles

  • 7-Eleven

    1.71 miles

  • Maverik

    1.94 miles

  • ChargePoint

    2.09 miles

  • The Parking Spot

    2.24 miles

  • Diamond Airport Parking - Lot A

    2.38 miles

  • Mountain Lot

    2.41 miles

  • Diamond Airport Parking - Lot B

    2.45 miles

  • Fairbourne Station Parking Structure

    2.84 miles

  • Vacuums

    2.94 miles

  • SLC Airport Employee Parking

    2.98 miles

  • Park and Wait Lot

    3.17 miles

  • Economy Lot

    3.36 miles

  • Summer Parking

    3.44 miles

  • NPS (groceries)

    0.65 miles

  • NPS (retail)

    0.67 miles

  • Gonzalez Market

    1.02 miles

  • Tejadas market

    1.51 miles

  • Rancho Markets

    1.51 miles

  • El Centenario Market

    1.89 miles

  • Smith's

    2.27 miles

  • JCPenney

    2.77 miles

  • Rise Market

    2.84 miles

  • Target

    2.92 miles

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