Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Garden Square (the “Property”) – a 75,496-sf unanchored retail strip center located in Midvale, Utah.
Midvale, true to its name, is centrally located in Salt Lake County and serves as a suburb of Salt Lake City. This prime location offers convenient access to major population centers, world-class skiing, and stunning natural scenery.
The Property is currently 89% occupied, with two prime suites totaling 8,153 sf currently vacant, offering an immediate value-add opportunity for the next investor. Additionally, multiple tenants are paying below-market lease rates. The property features 3.06 years of WALT, ensuring steady cash flow while allowing for strategic rent increases over time as leases expire.
This is the premier retail investment opportunity for investors with a long-term investment horizon and conviction in the Salt Lake retail market.