6985 Park Ctr Dr Midvale, UT 84047
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.