New Vista Building 3 _Property for Sale
New Vista Building 3 _Property for Sale

New Vista Building 3

3855 Tracy Hall Parkway, Provo, UT, 84606, US

Description

JLL as advisor is pleased to present 3855 Tracy Hall Parkway, Provo, UT.


3855 Tracy Hall Parkway presents an exceptional institutional-quality net lease investment opportunity featuring a 158,703-square-foot Class A industrial distribution facility located in Provo's premier Sierra Vista Business Park. The Property is 100% leased to two strong local credit tenants through 2032 under NNN leases with 3% annual rent escalations, delivering stable, predictable cash flow with a 5.5-year weighted average remaining lease term. Both tenants utilize the facility for mission-critical operations, with one operating a third-party logistics and e-commerce fulfillment hub, and the other conducting contract manufacturing and liquid filling operations.


Built in 2023 on 9.2 acres with modern specifications including 32-foot clear height, 16 dock-high doors, and efficient rear-load configuration, the Property benefits from exceptional access to I-15 and US Route 89, providing seamless connectivity throughout Utah's Wasatch Front and the broader Intermountain West region. With built-in rent escalations, strategic lease rollover alignment, and a true triple net structure minimizing landlord obligations, 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 and employment corridors.

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Attributes

Building area net
158,703 sf
Occupancy
100%
Year built
2023
WAULT
5.5 years
Land Area
9.19 Acres

Media

Investment Highlights

  1. High-quality net-leased asset offering stability and 3% annual rent escalations.
  2. 158,703 SF facility in Provo's thriving industrial corridor on 9.2 acres.
  3. Strategically located with access to I-15, US Route 89 for e-commerce distribution.
  4. 100% leased with weighted average lease term of 5.5 years.
  5. Proximity to Salt Lake City offers access to 80% of Utah's population.
New Vista Building 3  4_Property for Sale
New Vista Building 3  4_Property for Sale

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Last updated Sep 9, 2026