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The Shops at South Town 10450 S State St 16,806 - 23,806 SF of Retail Space Available in Sandy, UT 84070
HIGHLIGHTS
- Beautiful building with abundant natural light throughout
- Located at the entrance to Utah's largest mall
- Located at a signalized intersection
- Low NNN cost at $2.25 PSF
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,806-23,806 SF | Negotiable | $23.00 /SF/YR $1.92 /SF/MO $547,538 /YR $45,628 /MO | Triple Net (NNN) |
10390 S State St - 1st Floor
16,806 - 23,806 SF available. The 16,806 SF option would have the existing tenant remain in a portion of the building and the 23,806 SF option would have the new tenant occupying the entire building. The building is located at a signalized intersection at the entrance to Utah's largest mall. The building has skylights, high end finishes throughout, and is priced aggressively at $23 PSF. The building also has low NNN costs at only $2.25 PSF.
- Lease rate does not include utilities, property expenses or building services
- Beautiful building with abundant natural light
- Located at a signalized intersection
- Located at the entrance to Utah's largest mall
- Low NNN cost at $2.25 PSF
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
ABOUT THE PROPERTY
16,806 - 23,806 SF available. The 16,806 SF option would have the existing tenant remain in a portion of the building and the 23,806 SF option would have the new tenant occupying the entire building. The building is located at a signalized intersection at the entrance to Utah's largest mall. The building has skylights, high end finishes throughout, and is priced aggressively at $23 PSF. The building also has low NNN costs at only $2.25 PSF.
- Bus Line
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
NEARBY MAJOR RETAILERS
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The Shops at South Town | 10450 S State St
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