5270 W John Cannon

JLL as advisor is pleased to present 5270 W John Cannon, Salt Lake City, UT.

5270 West John Cannon Drive presents an exceptional single-tenant net lease investment opportunity featuring a 325,215-square-foot Class A industrial distribution facility located in Salt Lake City's Northwest Quadrant submarket. The Property is 100% leased to McGee & Co. Partners LLC (Studio McGee) through February 2033, with a NNN lease and 3% annual rent escalations, delivering stable, predictable cash flow with 6.8 years of remaining term. McGee & Co. operates this facility as its primary distribution and fulfillment center.

Built in 2021 on 20.5 acres with best-in-class specifications including 36-foot clear height, a cross-dock configuration, and 89 dock-high doors, the Property benefits from direct access to I-215 and I-80, providing seamless connectivity throughout the Mountain West. With built-in rent escalations and substantial mark-to-market upside of 37.3% upon lease expiration, the Property represents an ideal core industrial investment for institutional and private capital seeking stability, consistent income growth, and long-term value appreciation in one of the nation's fastest-growing population corridors.