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Property profile & analytics
OFF-MARKET
Lifestyle centers

6985 Park Ctr Dr Midvale, UT 84047

123,013 SF Built 1990
Property ID
Property summary
AI-generated overview

This exceptional retail property, Park Centre, located at 6985 South Park Centre Drive in Midvale, Utah, presents a compelling investment opportunity. Built in 1990, this multi-tenant center boasts a total of 123,013 square feet of retail space, currently featuring a mix of tenants. The property is situated in Salt Lake County, zip code 84047, offering convenient access and high visibility. Individual spaces range from 1,680 to 3,418 square feet, providing flexibility for various retail businesses. Currently, there are 3,124 square feet of vacant space available, presenting an immediate opportunity for expansion or new tenancy. The property's classification includes Regional Center, Shopping Center, and Strip Tenant designations, indicating its diverse appeal and potential for a wide range of businesses. Its location in the thriving Midvale market offers strong potential for growth and return on investment. The property's size and established presence make it an ideal choice for businesses seeking a prominent location in a busy commercial area. This is a rare opportunity to acquire a well-established retail center with immediate leasing potential in a desirable Utah location. The property's substantial size and existing tenant base provide a solid foundation for future growth and profitability. Contact us today to learn more about this exciting investment opportunity.

Property profile
Verified
Property type Lifestyle centers
Year built 1990
Total area 123,013 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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