Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10578 S 700 E Sandy, UT 84070

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    End cap retail space with high visibility and easy access.

    Property Features for 10578 S 700 E

    General Information

    Standard status
    Active

    Building Details

    Year built
    1990

    We can help!

    Listing Contact
    Trent Beesley
    Trent Beesley
    Source: Crexi

    Listing Agency: Tab Real Estate Inc. Listing Agent: Trent Beesley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    End Cap Retail Space Available

    This end cap unit, formerly a dance studio, offers potential for various uses. The property features high visibility, easy access, close parking, and walk-up access. Situated in a central area of Sandy, Utah, it is located on a corner with high traffic counts. The property also includes some open grass space adjacent to the building. It is located in a solid location.
    Location Intelligence

    Current Use by Public Records

    Kickin'it Dance Co Theater & Performing Art Venue Utah Punjabi Arts ... Training Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8731509
    Latitude
    40.5592694

    Nearby Similar for Lease

    • $230,000
      436 SF

      Professional Office in East Sandy

      960 SF office condo in desirable East Sandy business district.
      9571 S 700 E, Sandy, UT 84070
      View Details
    • $250,000
      436 SF

      Sandy Office Condo For Rent

      Second floor office condo with new carpet and paint.
      9672 S 700 E, Sandy, UT 84070
      View Details
    • Sponsored
      Contact for pricing

      Sandy Center

      Discover many ways to work your way in Sandy Center
      9980 300, Sandy, UT 84070
      View Details
    • $21 SF/Yr
      3,883 SF

      Office Space Available For Rent

      Office space available for lease, move-in December 1, 2024.
      9785 Monroe St, Sandy, UT 84070
      View Details
    • $700 /Mo

      Prime Retail/Warehouse Space on 700

      Versatile retail/warehouse space with excellent visibility and convenient access.
      8734 South East, Sandy, UT 84070
      View Details
    • Contact for pricing
      4,839 SF

      Office Space with Mountain Views

      Office space for lease near I-215 with parking.
      7440 S Creek Rd, Sandy, UT 84093
      View Details
    • $26 SF/Yr

      Retail & Warehouse Space Available

      Versatile retail and warehouse space in a prime location.
      10763 S State St, Sandy, UT 84070
      View Details
    • New
      Contact for pricing

      I-15 Frontage Flex Space

      3,120 SF flex space with I-15 frontage available for lease.
      9070 S 300 W, Sandy, UT 84070
      View Details
    • $1.35 SF/Yr
      23,255 SF

      Sandy Industrial Property For Rent

      Well-located Sandy property with I-15 access, high power, and parking.
      649 West 9400 South, Sandy, UT 84070
      View Details
    • $14 SF/Yr
      550 SF

      Retail/Warehouse Space For Rent

      Retail and warehouse space with excellent visibility and onsite parking.
      8720 S 700 E, Sandy, UT 84070
      View Details
    • Contact for pricing
      2,432 SF

      Retail and Office Space Available

      Retail, office, and pad sites for lease in Sandy, UT.
      9192 Village Shop Dr, Sandy, UT 84090
      View Details
    • Contact for pricing
      158 SF

      Executive Offices For Rent

      Executive offices available with shared amenities and ample parking.
      11075 S State St, Sandy, UT 84070
      View Details

    FAQs

    What type of property is this?
    Retail space - End cap retail space with high visibility and easy access.
    Where is this retail space located?
    The property is located at 10578 S 700 E Sandy, UT.
    What are key features of this property?
    This property features: - End cap unit with high visibility.; - Located in a central area of Sandy on a corner lot with high traffic counts.; - Easy access and close parking.
    Request Owner's contact information
    10578 S 700 E Sandy, UT 84070
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10578 S 700 E
    Sandy, UT 84070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10578 S 700 E Sandy, UT 84070
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Trent Beesley
    Trent Beesley
    Real Estate License ID: 5963619PB00
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!