11020 S State St - Restaurant FOR SALE
Sandy, UT 84070 |
$6,723,000 USD
650-678-7200
11020 S State St
Sandy, UT 84070
HIGHLIGHTS
- New construction, two-tenant pad building anchored by corporate Shake Shack
- Replaceable market rents
- Crescent Hall lease features 2% annual rental increases
- Located in The Schoolyard, one of Sandy's premier new retail developments
- Ideally positioned adjacent to Costco and Scheels
- Excellent residential demographics within a 5-mile radius of the property – 284,495 residents and average household incomes of $132,108
FOR SALE DETAILS
PRICE
$6,723,000 USD
PRICE/SF
$672 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Schoolyard - Building A
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
57
LAND DETAILS
LAND ACRES
1.54 AC
LAND SF
67,082 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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650-678-7200
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Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
