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    168 Midvillage Blvd Sandy, UT 84070

    Sponsored
    For Lease
    $22 SF/Yr

    Prime Sandy location, multiple spaces available

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Seven Skies, a vibrant retail center in Salt Lake County, offers exceptional opportunities for businesses seeking high-visibility locations. This newly constructed (2022) property boasts a total of 16,000 square feet across two buildings, situated on a generous 6.05-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 10,000 square feet. Currently, 7,482 square feet are vacant and ready for immediate occupancy. Building 1 offers spaces ranging from 1,200 to 3,178 square feet, plus a 1,796 square foot second-level office. Building 2 provides spaces ranging from 2,000 to 4,330 square feet. The property is strategically located near the intersection of State Street and 10000 South, benefiting from its proximity to the Sandy Civic Center TRAX light rail station, experiencing an average of 1,500 riders daily. This prime location is also surrounded by over 1,400 high-density residential units, ensuring a large and readily accessible customer base. Furthermore, its close proximity to established retail centers like South Town Center, South Town Mall, and The Commons @ South Towne provides additional synergy and foot traffic. The property is zoned MU (Mixed Use) and its APN is 28-07-331-002-0000. This presents a rare opportunity to establish or expand your business in a thriving and well-connected area.

    Property Features for 168 Midvillage Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF
    Total Rate
    29333.33

    Building Details

    Year Built
    2022
    Buildings
    2

    Unit(s) available at that property

    Space
    Building 2
    Size
    4,330 SF
    Rate per SF
    $24
    Space
    Building 1
    Size
    1,013 SF
    Rate per SF
    $24

    HighLights

    • Retail property totaling 16,000 square feet on 6.05 acres in Salt Lake County.
    • Two buildings offering multiple suites ranging from 1,200 to 10,000 contiguous square feet; 7,482 square feet currently vacant.
    • Building sizes allow for flexibility, with options from 1,200 to 4,330 square feet, plus a 1,796 square foot second‑floor office space.
    • Excellent location near high‑density residential (1,400+ units), TRAX light rail (Sandy Civic Center station), and major retail centers (South Town Center, South Town Mall, The Commons @ South Towne).
    • Built in 2022, with MU zoning and APN 28‑07‑331‑002‑0000; cross streets are State Street and 10000 South.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8847895
    Latitude
    40.572939

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    FAQs

    What type of property is this?
    Retail property - Prime Sandy location, multiple spaces available
    Where is this retail property located?
    The property is located at 168 Midvillage Blvd Sandy, UT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 16,000 square feet on 6.05 acres in Salt Lake County.; Two buildings offering multiple suites ranging from 1,200 to 10,000 contiguous square feet; 7,482 square feet currently vacant.; Building sizes allow for flexibility, with options from 1,200 to 4,330 square feet, plus a 1,796 square foot second-floor office space.
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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
    168 Midvillage Blvd Sandy, UT 84070
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