Provo Airpark Building 1
A 97,720 sq ft Class A flex and light-industrial building at Center Street and Lakeview Parkway in Provo, with 13 planned suites and an 18-month modeled hold.
Provo, UT
Investment overview
The NuSkin Warehouse Development is a 12-month project to construct a 300,000 sq ft industrial warehouse in Provo, Utah. The development is fully backed by a long-term executed lease with NuSkin (NYSE: NUS), a publicly traded global corporation. The project offers strong downside protection through corporate credit tenancy while targeting an exceptional 44.47% return to investors, with a 16% preferred return structure.
By August 2026 the building’s exterior walls and roof were up and site work was under way (photos below); by October the exterior, loading docks, parking, and paving were finished (above). HRZN is targeting completion in October 2026 with tenant move-in in November, and three buyers have expressed interest in the completed asset.
Photos
Key highlights
More in Developments
A 97,720 sq ft Class A flex and light-industrial building at Center Street and Lakeview Parkway in Provo, with 13 planned suites and an 18-month modeled hold.
A 10-unit flex-industrial business park in Lindon, Utah: four existing units plus six newly built, all to be sold within 12–18 months.
A 12-month land investment for covered RV and boat storage: an 8% preferred return paid monthly while the land is leased and entitled, plus 10% at a pre-arranged sale.
Schedule a call with our team to talk through current and upcoming offerings.