Why Commercial Real Estate?

Tax Benefits Diversity Less Market Volatility

What Makes
SPG Different?

Off Market

This deal has been sourced from TwinRock management’s relationships in the Salt Lake City area. This deal has not been presented to the public and is available only to TwinRock. 

Location

SPG is located 10 mins from newly renovated SLC airport and Highway 215. This proximity will be advantageous to the overall property value.

Delaware Statutory Trust

This offering is structured as a Delaware Statutory Trust (DST) and qualifies 1031 and 1033 exchange dollars.

SPG Broad Overview

Off market, triple net lease industrial property with projected 1st year cash flow of 4.7%. Final projected IRR of 13.1% and equivalent after tax replacement IRR of 21.8% to investors.

Property

  • Flex property offers highest asking rents in the area
  • Space can support multiple tenants
  • Built in 2001 50,000 sqft 3.5 acres
  • 10 min drive from aiport and highway I-215
  • 7% going in cap rate, compared to market average ~5.5%

Tenant

  • Signature Products Group
  • Manufacture and distribute for Browning, Ducks Unlimited and others
  • Potential new contract in 2020
  • Strong Board of Directors

Location

  • Salt Lake City- One of the fastest growing cities according to US Labor Statistics June 2019
  • Utah ranked No 2 for Best States for Business
  • 5% personal and corporate tax rate, one of the lowest in the nation
  • 10 world class ski resorts within 1 hr of Salt Lake airport

Team

MICHAEL L. MEYER
Chairman
ALEXANDER PHILIPS
Chief Executive Officer
SHELLEY MCCULLOUGH
Chief Administrative Officer
GAHTLIN BANKS
Vice President of Operations
JOE PRENDERGRAST
Vice President of Investor Relations
JESSICA BUSTILLOS
Regional Manager

What Investors Are Saying


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