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11020 S State St
Sandy, UT 84070 Outer S Jordan/Riverton/Bluffdale

$6,429,000 USD

Restaurant For Sale  •  8,170 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 8,170 SF
  • Lot Size 1.54 AC
  • Building Class A
  • Year Built 2019
  • Cap Rate 6.00 %
  • Tenancy Multiple
  • Zoning CBD
36 Transit Score
54 Walk Score

Highlights

Two-tenant pad building anchored by corporate Shake Shack
Replaceable market rents
Crescent Hall lease features 2% annual rental increases
The Schoolyard is one of Sandy’s premier retail developments with recent large-scale renovations
Ideally positioned adjacent to Costco and Scheels
Affluent demographics – $138,000 average household incomes within a 5-mile radius of the subject property

Property Flyers

Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.6 mi
9 min - 3.7 mi
AirportDriveWalkDistance
Salt Lake City International 27 min - 20.4 mi
Provo Municipal 42 min - 31.0 mi
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE