Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
Unpriced
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
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Salt Lake City, Utah
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