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- LoopNet Team
8371 S State St
Sandy, UT 84070
Princeton Commons - Retail Center · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 0.48 AC |
| Property Subtype | Storefront Retail/Office | Year Built | 2020 |
| Gross Leasable Area | 10,000 SF | Parking Ratio | 8.8/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,000 SF |
| Total Land Area | 0.48 AC |
| Year Built | 2020 |
| Parking Ratio | 8.8/1,000 SF |
ABOUT THE PROPERTY
• There is 5,230 SF of available retail space (4 pads that can be combined) • Rent is $21-23 SF (NNN) • The second floor of the building will be office space (5,210 SF) which is already pre-leased • Average daily traffic on South State Street at the location is greater than 25,000 vehicles/day • New traffic light being constructed right in front of the building to facilitate ease of access for customers • The parking ratio is 4.5 stalls per 1,000 SF of building area • Last year, 375 multi-family apartment units were completed directly behind the location and they are fully occupied. • Additionally, there are 156 condos and 144 town homes directly adjacent to the property • Total tenant population of 1,400 people
