Retail Corner Suite for Sale in Sandy UT

867 East 9400 South Sandy, UT 84094

867 East 9400 South, Sandy, UT, 84094
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FOR SALE
Property Type:
Community Center
Amount:
$1,997,531
Last Verified:
Mar 04, 2024

Highlights

  • - 6,632 SF modernized retail space
  • - Renovated in 2021 for contemporary appeal
  • - Prime location in the Salt Lake area
  • - Zoned CC for retail/strip center potential
  • - Built in 1985, offering established infrastructure
  • - High-traffic locale for maximum visibility
  • - Ideal investment opportunity for retail/strip center investors
  • -Ideally set up for a med-spa or salon suites.

Description

At 867 East 9400 South, Sandy, UT, 84094, discover this remarkable 6,632 SF retail property. This condo is a beautiful modernized space, with a recent 2021 renovation. This prime investment opportunity offers a strategic location in the Salt Lake area, with coveted CC zoning. Currently owner occupied and set up as an office, this condo is prime for a retail user! Because of it condo's corner location the ideal usage would be a med spa or salon suites to utilize the layout of the condo with the private office space along the exterior of the building and leveraging the quite corner location. Don't miss your chance to own a great retail condo in a thriving retail strip center with ample parking. Built in 1985, this property is tailor-made for investors seeking a lucrative retail/strip center in an established, high-traffic locale. Don't miss the chance to add this premier property to your portfolio.

Ideally located in Sandy, UT, Aspen Plaza is at the center of it all for this Salt Lake City suburb. On the main thoroughfare in Sandy, Aspen Plaza is uniquely situated for its convenience factor and accessibility. This retail strip center has a great mixture of retail, restaurant, and office condos with a low vacancy rate for the entire retail center. The high ratio of food service/restaurants businesses in this center lends itself to historically easy parking for the other tenants, customers, and staff during the daylight hours.


Year Built: 1985
Building Size: 6632sq ft
Building Class: B
Lot Size: 0 acres


Documents

Offering Memorandum (L)

Map of 867 East 9400 South, Sandy, UT, 84094

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.