1260 Vine St, Murray, UT 84121-1738

This 11,840 square foot retail center, situated on a 70-acre lot in Murray, Utah (APN 22-17-478-021-0000), presents a compelling redevelopment investment opportunity. The property, built in 1964, features a two-story building with seven units and ample on-site parking. Available spaces range from 1,000 to 8,640 square feet of street-level retail/office space, and 1,000 to 3,200 square feet of garden-level space. The property is zoned for commercial strip center use and boasts a prime location in Murray, known for its high household income and dense population. Lease rates are $15.00-$20.00 per square foot, NNN, with estimated NNN expenses of $5.00 per square foot. The sale price is $150.00 per square foot. This versatile property is ideal for a variety of retail and office users, including barbershops, salons, clothing stores, and other professional services. The property's size and location make it an excellent opportunity for both leasing and sale. This is a multi-tenant property with a NNN lease type.