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    715 Fort Union Blvd Midvale, UT 84047

    For Lease
    $22 SF/Yr

    Midvale, UT retail space: 4,570 sq ft.

    Lot size:
    4,570 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents 4,570 square feet of vacant space within the Union Point Shopping Center, located at 715 Fort Union Blvd, Midvale, UT 84047. The property is classified as a neighborhood center and offers excellent visibility and accessibility. The space is part of a multi-tenant building, ideal for a variety of retail uses. Situated in a high-traffic area, this location benefits from its proximity to the regional Fort Union retail area, providing significant exposure to a large customer base. The property enjoys convenient access to I-215, ensuring easy commutes for both employees and customers. Furthermore, the surrounding area boasts a densely populated trade area, with over two million square feet of office space within a one-mile radius, creating a strong potential customer pool. This presents a unique chance to establish or expand a retail business in a thriving commercial hub. The available space is contiguous, offering flexibility for various retail layouts and configurations. This prime location and substantial square footage make this an attractive investment opportunity for businesses seeking high visibility and a strong customer base in a well-established retail center.

    Property Features for 715 Fort Union Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,570 SF

    Unit(s) available at that property

    Space
    Suite 759/767
    Size
    4,570 SF
    Rate per SF
    $22
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8716708
    Latitude
    40.621756

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    FAQs

    What type of property is this?
    Neighborhood center - Midvale, UT retail space: 4,570 sq ft.
    Where is this neighborhood center located?
    The property is located at 715 Fort Union Blvd Midvale, UT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    Request Owner's contact information
    715 Fort Union Blvd Midvale, UT 84047
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    Midvale, UT 84047
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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
    715 Fort Union Blvd Midvale, UT 84047
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