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    2400 Main St Tooele, UT 84074

    For Lease
    Contact for pricing

    New Tooele Shopping Center - Lease Available

    Lot size:
    140,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Peak at Compass Point presents a unique opportunity for retail businesses seeking a prime location in Tooele County, Utah. This new 60-acre retail development is situated on Highway 36 (Main Street), boasting exceptional visibility and strong traffic counts of 26,139 ADT. The development features a Smith's Marketplace anchor tenant, ensuring significant foot traffic and a thriving retail environment. Available spaces include mid-box and pad sites, with drive-thru opportunities for added convenience. The strategic location offers proximity to key community landmarks, including Tooele North High School (less than half a mile away) and the Deseret Peak LDS Temple (a quarter mile away). This development is part of a larger master-planned community, with over 3,500 new single and multi-family homes planned, guaranteeing a substantial and growing customer base. The project is anticipated to open in Summer 2024. This is an exceptional opportunity to establish or expand your retail presence in a rapidly developing area with high potential for success. Contact us for pricing and leasing information.

    Property Features for 2400 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    140,000 SF

    Unit(s) available at that property

    Space
    Phase II
    Size
    40,000 SF
    Space
    Phase I
    Size
    100,000 SF

    HighLights

    • New 60‑acre retail development in Tooele, UT, on Main Street, available for lease.
    • Smith's Marketplace anchored shopping center with mid‑box and pad sites available.
    • Drive‑thru opportunities available.
    • Located 0.5 miles from Tooele North High School (opening Summer 2024) and 0.25 miles from the Deseret Peak LDS Temple.
    • Situated within a large master‑planned community with over 3,500 planned homes (single and multi‑family).
    • High visibility on Highway 36 (Main Street) with strong traffic counts (26,139 ADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Clothing Store Department Store Dental Office Electrical Service Home Appliance Store Plumbing Service HVAC Service Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.295712
    Latitude
    40.5861519

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    FAQs

    What type of property is this?
    Lifestyle center - New Tooele Shopping Center - Lease Available
    Where is this lifestyle center located?
    The property is located at 2400 Main St Tooele, UT.
    What are key features of this property?
    This property features: New 60-acre retail development in Tooele, UT, on Main Street, available for lease.; Smith's Marketplace anchored shopping center with mid-box and pad sites available.; Drive-thru opportunities available.
    Request Owner's contact information
    2400 Main St Tooele, UT 84074
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    Realmo Value Estimation

    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.

    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.

    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
    2400 Main St Tooele, UT 84074
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