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Gateway Industrial Complex 500 S 500 W 355,951 SF 88% Leased Industrial Building Lindon, UT 84042 $54,684,000 CAD ($153.63 CAD/SF) 6.53% Cap Rate

Warehouses Utah Lindon 500 S 500 W, Lindon, UT 84042

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Investment Highlights

  • Prominent frontage and immediate access to I-15
  • Dock-high and grade-level loading
  • Large, flexible floor plates with high-bay and mezzanine space

Executive Summary

Gateway Industrial Complex is a 355,951 SF, multi-tenant industrial campus in Lindon, Utah with direct I-15 access and strong Utah County fundamentals. The property offers stable in-place cash flow with 11.82% vacancy and rents 15–30% below market, creating a clear opportunity for NOI growth through lease-up and mark-to-market activity. Additional upside includes entitled retail pad development along 1600 North and long-term optionality across multiple buildings.

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Price $54,684,000 CAD Rentable Building Area 355,951 SF
Price Per SF $153.63 CAD No. Stories 2
Sale Type Investment NNN Year Built 1991
Cap Rate 6.53% Parking Ratio 2.7/1,000 SF
Property Type Industrial Clear Ceiling Height 28’
Property Subtype Warehouse No. Dock-High Doors/Loading 28
Building Class B No. Drive In / Grade-Level Doors 6
Lot Size 22.77 AC
Zoning R&B
Price $54,684,000 CAD
Price Per SF $153.63 CAD
Sale Type Investment NNN
Cap Rate 6.53%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 22.77 AC
Rentable Building Area 355,951 SF
No. Stories 2
Year Built 1991
Parking Ratio 2.7/1,000 SF
Clear Ceiling Height 28’
No. Dock-High Doors/Loading 28
No. Drive In / Grade-Level Doors 6
Zoning R&B

Amenities

  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • inpivota
  • -
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Mity Lite
  • Manufacturing
  • 99,999 SF
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Vivint is a leading smart home company in North America. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24-7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
inpivota - 99,999 SF - Lorem Ipsum Jan 0000
Mity Lite Manufacturing 99,999 SF - - -
Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl - Building 1
  • 13,000 SF
  • Industrial
  • -
  • Now
  • 2nd Fl - Building 3
  • 31,057 SF
  • Industrial
  • Full Build-Out
  • Now
500 S 500 W, Lindon, UT for sale Floor Plan- Image 1 of 1
Floor Plan
Space Size Space Use Build-Out Available
2nd Fl - Building 1 13,000 SF Industrial - Now
2nd Fl - Building 3 31,057 SF Industrial Full Build-Out Now

2nd Fl - Building 1

Size
13,000 SF
Space Use
Industrial
Build-Out
-
Available
Now

2nd Fl - Building 3

Size
31,057 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
500 S 500 W, Lindon, UT for sale Floor Plan- Image 1 of 1
Floor Plan

2nd Fl - Building 3

500 S 500 W, Lindon, UT for sale Floor Plan- Image 1 of 1
Floor Plan
Size 31,057 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 17-015-0141 Improvements Assessment $24,330,734 CAD
Land Assessment $16,198,502 CAD Total Assessment $40,529,237 CAD

Property Taxes

Parcel Number
17-015-0141
Land Assessment
$16,198,502 CAD
Improvements Assessment
$24,330,734 CAD
Total Assessment
$40,529,237 CAD
(801) 828-0349

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 40248796

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 500 S 500 W, Lindon, UT 84042

The Industrial Property at 500 S 500 W, Lindon, UT 84042 is currently available for Sale. Contact Colliers for more information.

INDUSTRIAL PROPERTIES IN NEARBY NEIGHBORHOODS

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Map
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Gateway Industrial Complex | 500 S 500 W
(801) 828-0349 x

Gateway Industrial Complex | 500 S 500 W

Brandon Goodman
(801) 828-0349

Nate Monson
(925) 765-7437

Sage Shepard
(801) 666-4273

Abby Beutler
(801) 899-1932

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