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11078 S State St
Sandy, UT 84070

$5,409,000 USD

Freestanding For Sale  •  8,434 SF

Property Details

• Property Type Freestanding
• Total Building Size 8,434 SF
• Lot Size 1.47 AC
• Building Class B
• Year Built 2023
• Cap Rate 6.30 %
• Tenancy Multiple
• Zoning CBD

33 Transit Score

41 Walk Score

Highlights

Long term leases with annual rent increases throughout base terms and options

All tenants report sales

Brand-new 2023 build-to-suit construction

Replaceable market rents

The Schoolyard is one of Sandy’s premier new retail developments - 30,000+ SF of newly constructed, 100% occupied space

Ideally positioned adjacent to Costco and Scheels

Property Flyers

TheSchoolyard_BuildingC_SandyUT

Cap Rate:

6.30 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
South Jordan Station (FrontRunner - Utah Transit Authority (UTA))	4 min	-	1.7 mi
Draper Station (FrontRunner - Utah Transit Authority (UTA))	8 min	-	3.6 mi
Airport	Drive	Walk	Distance
Salt Lake City International	26 min	-	20.5 mi
Provo Municipal	41 min	-	30.8 mi