10949 Redwood Rd South Jordan, UT 84095-8993
Falcon Plaza, a single-story, 11,429 square foot anchorless strip center in Salt Lake County, offers a prime retail or restaurant opportunity. Built in 2016, this 1.63-acre property currently has 5,100 square feet of vacant space available for lease. The space is a second-generation restaurant space and includes fixtures, furniture, and equipment (FF&E). This highly visible location boasts a strong daily traffic count of 27,829 vehicles on Redwood Road. The center enjoys a desirable tenant mix, including established businesses like Beans & Brews and Mi Ranchito. The available space is highly adaptable and can be subdivided to accommodate smaller tenants, providing flexibility for various business needs. The property presents a compelling investment opportunity for businesses seeking high visibility and a strong location within a thriving commercial area. The building's modern construction and established tenant base create a stable and attractive environment for new businesses. Interested parties should inquire for lease terms and conditions. The property's size and location make it ideal for a variety of retail or restaurant concepts.
The purpose of the C-C zone is to provide areas for large scale community or regional retail and service uses. These areas will generally be located near major transportation hubs but should be designed to buffer neighboring residential areas. Coordinated circulation, architecture and landscaping and a balance of uses should be incorporated in developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-C · South Jordan, UTThe purpose of the C-C zone is to provide areas for large scale community or regional retail and service uses. These areas will generally be located near major transportation hubs but should be designed to buffer neighboring residential areas. Coordinated circulation, architecture and landscaping and a balance of uses should be incorporated in developments.
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.
