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64 E Winchester St - GROUND LEASE 1.3 Acres of Commercial Land in Murray, UT 84107
Investment Highlights
- Ground lease opportunity in central Salt Lake Valley.
- Located within an established commercial corridor.
- Accessible to regional transit and workforce centers.
- Convenient access to I-15, I-215, and State Street.
- Surrounded by retail, office, and residential development.
- Positioned in Murray, a key Wasatch Front business market.
Executive Summary
Located at 64 E Winchester Street in Murray, Utah, this land offering presents an opportunity for investors, developers, and owner-users seeking a site within the central Salt Lake Valley. Positioned near major transportation corridors and established commercial development, the property benefits from convenient regional access and proximity to a large workforce, residential population, retail amenities, and business services.
The site is being offered with a ground lease sale structure, providing flexibility for a variety of development and investment strategies subject to zoning requirements and municipal approvals. Murray's location between Salt Lake City and surrounding employment centers supports continued demand from commercial users seeking accessibility and connectivity throughout the Wasatch Front. Nearby access to Interstate 15, Interstate 215, State Street, and regional transit options enhances convenience for future occupants and visitors.
Surrounded by mature commercial and residential development, the property offers potential for long-term value creation in one of Utah's most established business corridors. Its central location, transportation access, and proximity to area amenities position the site for a range of future uses consistent with local planning and development objectives.
The site is being offered with a ground lease sale structure, providing flexibility for a variety of development and investment strategies subject to zoning requirements and municipal approvals. Murray's location between Salt Lake City and surrounding employment centers supports continued demand from commercial users seeking accessibility and connectivity throughout the Wasatch Front. Nearby access to Interstate 15, Interstate 215, State Street, and regional transit options enhances convenience for future occupants and visitors.
Surrounded by mature commercial and residential development, the property offers potential for long-term value creation in one of Utah's most established business corridors. Its central location, transportation access, and proximity to area amenities position the site for a range of future uses consistent with local planning and development objectives.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.30 AC |
| Zoning | Commercial Development - see flyer attachment | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.30 AC |
| Zoning | Commercial Development - see flyer attachment |
1 Lot Available
Lot
| Lot Size | 1.30 AC |
| Lot Size | 1.30 AC |
Existing Building can be demolished in 2027. South West corner of State Street and Winchester in Murray, Utah. Delivery condition is negotiable. Contact for pricing.
Description
This new Ground Lease boasts one of the most visible and heavily trafficked intersections in Salt Lake County, adjacent to Fashion Place Mall - the state's best performing mall. The center has high visibility on State Street , with over 40,000+ vehicles passing by each day -with another 120,000+ on I-215. Great neighborhood demographics, and low market vacancy rates, this ground lease is poised for opportunities for the next Lessee.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
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Contact the Sale Advisor
64 E Winchester St - GROUND LEASE