Retail Properties in Sandy, Utah offer a unique investment opportunity for those looking to capitalize on the city's growing economy and desirable location. As a hub for commerce and entertainment, Sandy is an attractive destination for businesses and residents alike. Retail Properties in Sandy can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and restaurants. With its strong infrastructure, including the TRAX light rail system and major transportation facilities, Sandy provides easy access to surrounding cities and attractions. The city's amenities, such as the Shops at South Town shopping mall, Jordan Commons entertainment complex, and Mountain America Exposition Center, make it an ideal location for businesses that cater to the local population of approximately 100,000 residents. Additionally, the city's geography, with its proximity to the Wasatch Range, provides a unique blend of natural beauty and urban convenience.
With 8 Retail Properties for sale in Sandy, investors have a range of options to choose from. The average price per square foot for Retail Properties in Sandy is $346 USD, with an average size of 20,842 square feet. The largest Retail Property available is 120,000 square feet, offering ample space for businesses of all sizes. In addition to Retail Properties, Sandy is also home to a range of other property types, including Shopping Centers, Restaurants, Office Properties, and Hotels. The city's diverse economy, with major employers like InContact and Mountain America Exposition Center, supports a range of industries, from retail and entertainment to sports and events. With its unique blend of natural beauty, urban convenience, and economic opportunity, Sandy is an attractive destination for businesses and investors alike.
What is the average cap rate for retail properties in Sandy?
For investors seeking retail properties in Sandy, understanding the average cap rate is crucial. According to current listings, the average cap rate for retail properties in Sandy is 5.45%, which can help inform investment decisions; to learn more about this key metric, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
When it comes to retail properties for sale in Sandy, Utah, location and foot traffic play a significant role in determining their value. Properties situated in high-traffic areas, such as near the Shops at South Town shopping mall, Jordan Commons entertainment complex, or the Mountain America Exposition Center, tend to command higher prices due to their potential for increased customer exposure and revenue.
