NNN Retail Property with Harbor
For Sale
Contact for pricing
10957 South State Street, Sandy, UT 84070
Harbor Freight Tools occupies the building under a new NN lease with tenant responsibility for most property expenses.
Property SizeContact for details
Days on Market145
Property Features for 10957 South State Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Barry Higgins · License #EA 748415
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
This NNN retail property at 10957 South State Street in Sandy, Utah, was constructed in 2000 and is occupied by Harbor Freight Tools. The current NN lease has an initial 10-year term, includes a 10% escalation in year six, and provides 3-5 year renewal options with 10% increases. The tenant covers all expenses except limited structural elements and is responsible for parking lot resealing and striping.
The property is approximately 20 minutes from downtown Salt Lake City and one mile from the Shops at South Town Mall. The 1.3 million-square-foot mall is anchored by Macy’s, JC Penney’s, Target, and Barnes & Noble. Costco, Home Depot, Whole Foods, Best Buy, Bed Bath & Beyond, and PetSmart are also identified among nearby national retailers. Sandy has a population of 93,000.
The property is approximately 20 minutes from downtown Salt Lake City and one mile from the Shops at South Town Mall. The 1.3 million-square-foot mall is anchored by Macy’s, JC Penney’s, Target, and Barnes & Noble. Costco, Home Depot, Whole Foods, Best Buy, Bed Bath & Beyond, and PetSmart are also identified among nearby national retailers. Sandy has a population of 93,000.
Key Highlights
- Harbor Freight Tools occupies the property under a new NN lease
- Initial lease term is 10 years with a 10% increase in year six
- 3‑5 year renewal options include 10% rent escalators
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
691k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Apparel 28%
Superstores 20%
Shops & Services 18%
Scheels
Apparel
192,442 visits/mo
0.5 miles
Costco Wholesale
Superstores
140,600 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
52,636 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
42,472 visits/mo
0.1 miles
McDonald's
Dining
33,674 visits/mo
0.4 miles
Demographics for 84070, UT
30,885
Population
12,212
Households
2.5
Avg Household Size
34
Median Age
36%
College-Educated
93%
High-School Grad
7.3 sq mi
ZIP Area
4,231
Density / Sq Mi
$79,414
Median Household Income
$44,013
Median Earnings
$1,578
Median Rent
$429,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Harbor Freight Tools occupies the building under a new NN lease with tenant responsibility for most property expenses.
Where is this nnn property located?
The property is located at 10957 South State Street Sandy, UT.
What are key features of this property?
This property features: Harbor Freight Tools occupies the property under a new NN lease; Initial lease term is 10 years with a 10% increase in year six; 3‑5 year renewal options include 10% rent escalators
