Utah Commercial Real Estate

The Shepherd Real Estate Group is pleased to present the exclusive opportunity to acquire the LUSSO Apartments, a multi-family building comprised of 175 units with a mixture of one and two bedroom units to meet the growing demand in the area, and most with a home office space included.

The project is ideally situated just west of downtown Salt Lake City. With excellent proximity to transit, shopping, entertainment districts and restaurants,

The Lusso is an attractive destination for urban young professionals.

LUSSO Apartments offers 146 large 1 Bedroom/1 Bath

units with an office space, 7 1-Bedroom/1 Bath units

and 22 2-Bedroom/2Bath units with an office space. Spectacular views, parking garage, elevators, and resort-style amenities including a rooftop swimming pool and hot tub, fitness center and dining area.

Electric/Water/Sewer/Garbage expenses combined.

Property is 100% leased. The Veteran's Administration Health Clinic occupies approximately 2,738 SF and recently completed an extensive remodel and signed a new 20-year lease agreement.

Sorenson Communication occupies approximately 12,130 SF on two floors with an elevator. Their lease expires August 31, 2023 allowing for new

opportunities. Please review Offering Memorandum.

Retail spaces below new apartment complex in downtown Clearfield. 5 minutes from HAFB west gate and walking distance to Clearfield City Hall, Post Office, Library. Great visibility with average daily traffic counts over 20,000. Current tenants include Argentine Corner, Strike Boxing & Fitness and The Perfect Touch Salon.

Highlights

- Upscale Marriott-Branded Hotel in Salt Lake City Market.

- Fully renovated in 2019

-3 Miles from Salt Lake City Airport

- Nearby attractions include: Utah State Fair park, Vivint Arena, Smith's Ballpark, Temple Square, State Capitol Building.