New Vista South Building 3 | Industrial Space For Lease — Lease in Provo, UT

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Provo, UT 84606

Description

Industrial | For Lease: 87,975 SF Description: New Vista 3 is a new industrial facility in Provo, ready for tenant improvements to suit a variety of business needs. With a 32-foot clear height, 2,000 amps can be upgraded to include 6, Key Facts Jarrod Hunt Vice Chair Pleasant Grove License #: 5485547-SA00 +1 801 702 4672 Call Now +1 801 702 4672 +1 801 787 8940 Call Mobile +1 801 787 8940 License #: 5485547-SA00 Lana Howell Team Business Operations Manager Salt Lake City - Millrock License #: 5500722-SA00 +1 801 453 6857 Call Now +1 801 453 6857

Market Context

This industrial in Provo, UT is listed for lease. It has been on the market for 176 days. Compare it against other industrial listings for lease in Provo, UT — view the full market.

As of Q1 2026, the Salt Lake City industrial market showed a 2.5% vacancy rate, average asking rents near $5.64/SF/yr, and cap rates around 5.2%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Salt Lake City?
About 5.2% as of Q1 2026, per multiple brokerage reports.
Is the Salt Lake City industrial market tightening or softening?
Vacancy is around 2.5% (Q1 2026).

Estimated Market Rate

$0.49/SF/mo – $0.67/SF/mo

Mid: $0.58/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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