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Multi-Tenant Regional Shopping Center
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12101 S State Street, Draper, UT 84020

Fully leased retail center with seven established national and regional occupants, generous parking, and multiple tenant storefronts.

Property Size137,073 SF
Lot Size11.85 Acres
Days on Market145

Property Features for 12101 S State Street

General Information

Standard status Active
Size 137,073 SF
Lot size 11.85 Acres
Property subtype Retail
Occupancy 100%

Building Details

Year Built 1986
Year Renovated 2011
Buildings 1
Tenancy Multi
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: cody cannon · License #UT 5880842-PB00
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:20AM

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

Draper Spectrum is a multi-tenant shopping center comprising one retail building with approximately 137,073 square feet. The property is 100% leased to seven national and regional tenants, including Floor and Decor, Vasa Fitness Center, Meds in Motion, Impact Golf, Leatherheads Sports Bar and Grill, Empire Wok Restaurant, and a T-Mobile cell tower. The offering excludes the separate All-Star Bowling and Entertainment Center parcel and the adjacent Cinemark XD theater.

Constructed in 1986 and renovated in 1995 and 2011, the center occupies approximately 516,186 square feet of land, or 11.85 acres. West-facing storefronts open toward a substantial parking field, with front parking for customers and additional rear parking serving staff and deliveries. The property is located at 12101 S State Street in Draper, Utah.

Key Highlights

  • 100% leased to seven established national and regional tenants
  • Approximately 137,073 square feet in one multi‑tenant retail building
  • Approximately 516,186 square feet of land, totaling 11.85 acres

Property Analytics

Current Use

Escapology Escape Rooms ... Arcade & Gaming Center Ozone Fitness Gym & Fitness Center Empire Wok Restaurant Restaurant David Douglas Physician Amber Wright Physician

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Garden Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,612
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84020, UT

51,017
Population
16,865
Households
3
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
27.2 sq mi
ZIP Area
1,876
Density / Sq Mi
$130,680
Median Household Income
$55,377
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with seven established national and regional occupants, generous parking, and multiple tenant storefronts.
Where is this shopping center located?
The property is located at 12101 S State Street Draper, UT.
What are key features of this property?
This property features: 100% leased to seven established national and regional tenants; Approximately 137,073 square feet in one multi‑tenant retail building; Approximately 516,186 square feet of land, totaling 11.85 acres
More about this property
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