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28244545
31094346

1650 W State St, Pleasant Grove, UT 84062 For Sale

DR
UT UT 5491582
Colliers - Pleasant Grove - Utah County, Utah
NR
UT 13253945-SA00
Colliers - Salt Lake City, Utah
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
Unpriced
124 days on market
Updated 3 days ago

North Grove Retail Center

Details
Property Type Land
Sub Type Commercial
Acreage 1.060
Zoning Commercial

High Traffic Walmart Anchored Retail Pads

Marketing description

Introducing the North Grove Retail Center, located at 1650 West State Street, Pleasant Grove, UT. This property offers prime retail pads and shop spaces with drive-thru options, strategically situated between two signalized corners for maximum visibility. With an impressive daily traffic count of 29,500 vehicles passing by, businesses here can expect excellent exposure. Lease rates range from $32 to $36 per square foot NNN for inline spaces, while drive-thru lease rates are between $45 and $47 NNN. Interested in land sales? Prices fall within the range of $25 to $30 per square foot. With nearby co-tenants enhancing the area's appeal, this is a compelling opportunity for retail businesses looking to thrive in a high-traffic location. The property benefits from a strong and growing local demographic, projecting an estimated rapid population and income increase by 2028. Don't miss out on the chance to establish your retail presence in this bustling area!

Investment highlights

  • Retail pads and shop space w/ drive thrus available
  • Between 2 signalized corners
  • Great exposure to State Road traffic
  • Average daily traffic: 29,500 vehicles per day
  • Lease rates inline: $32 - $36 PSF NNN
  • Drive thru lease rate: $45 - $47 NNN
  • Land sale prices: $25 - $30 PSF

Listing Contacts

DR
UT UT 5491582
Colliers - Pleasant Grove - Utah County, Utah
NR
UT 13253945-SA00
Colliers - Salt Lake City, Utah
Colliers - Pleasant Grove - Utah County, Utah
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah

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Additional Information

Name
David Runnells ★
License
UT 5491582
Brokerage
Colliers
Title
VP Investments
Name
Nate Runnells
License
13253945-SA00
Brokerage Phone
8016101300
Brokerage Address
2100 Pleasant Grove Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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