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1223 S Harwood Way 3,500 - 18,000 SF of Retail Space Available in Francis, UT 84036

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HIGHLIGHTS

  • Highly accessible location situated on Highway 32 with convenient access to Highway 40 and Interstate 80 for regional accessibility.
  • Highly visible location exposed to over 8,000 vehicles per day, surrounded by new and established residential developments.
  • Flexible shell space that can be tailored to meet various tenants' needs, suitable for retail, office, or service-based businesses.
  • Long-term growth potential in one of Utah’s most desirable regions that serves a population of approximately 16,600.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 3,500-18,000 SF
  • Negotiable
  • $22.50 /SF/YR $1.88 /SF/MO $405,000 /YR $33,750 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 3,500-18,000 SF Negotiable $22.50 /SF/YR $1.88 /SF/MO $405,000 /YR $33,750 /MO Triple Net (NNN)

1st Floor

Size
3,500-18,000 SF
Term
Negotiable
Rental Rate
$22.50 /SF/YR $1.88 /SF/MO $405,000 /YR $33,750 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

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

Total Space Available 18,000 SF
Min. Divisible 3,500 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 18,000 SF
Year Built 2025

ABOUT THE PROPERTY

Discover a newly built 18,000-square-foot freestanding retail building in the heart of Francis, Utah, at 1223 South Harwood Way, with available units ranging from 3,500 square feet to 18,000 square feet. This property offers exceptional flexibility for retail, office, or service-based businesses looking to establish a presence in a rapidly growing market. Positioned on Highway 32 with easy access to Highway 40 and Interstate 80, the site offers excellent connectivity to Park City, Heber, and Salt Lake City, including the newly rebuilt international airport, just an hour away. Its strategic location makes it ideal for businesses seeking visibility and accessibility in a high-growth corridor. Francis and the surrounding communities of Kamas, Oakley, Park City, and Heber are experiencing strong population growth, driving demand for retail and commercial services. The property is situated close to new and established residential developments and is located between Kamas and central Francis, directly positioned for future expansion and mixed-use development. With its proximity to world-class ski resorts, hiking, fishing, and mountain biking opportunities, this location benefits from year-round tourism and outdoor recreation, attracting both seasonal visitors and permanent residents. Businesses here can capitalize on a diverse customer base and a supportive, tight-knit community. The area serves a population of approximately 16,600 with an average household income of $151,400, offering access to an affluent consumer base and a robust workforce. The property boasts beautiful views of the Wasatch Mountains and is exposed to over 8,000 vehicles per day, ensuring strong visibility for tenants. Whether launching a new venture or expanding an existing business, this scenic and dynamic location provides long-term growth potential in one of Utah’s most desirable regions.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
1,489
3,948
5,533
7,036
2029 Population
1,414
3,783
5,343
6,753
2024-2029 Projected Population Growth
-5.0%
-4.2%
-3.4%
-4.0%
Median Age
36.2
37.9
39.0
39.5
College Degree + Higher
33%
35%
37%
26%
Daytime Employees
193
1,150
1,448
2,125
Total Businesses
40
178
211
307
Average Household Income
$147,499
$144,937
$145,797
$145,107
Median Household Income
$116,977
$114,950
$116,053
$115,779
Total Consumer Spending
$22.2M
$59M
$83.5M
$106.1M
2024 Households
490
1,325
1,895
2,429
Average Home Value
$756,591
$758,237
$764,784
$768,444
  • Listing ID: 38321612

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 1223 S Harwood Way, Francis, UT 84036

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