The Schoolyard - Building A

The Schoolyard - Building A

For Sale

11020 State Street, Sandy, UT 84070

This Sandy property for sale is located at 11020 State Street. The current listed sale price for The Schoolyard - Building A is $6,723,000. The Schoolyard - Building A is situated on a lot that is 1.54 acre in size.

Contacts

broker
John Andreini

CP Partners

Property Details

  • Property Type Retail
  • Property Size 8,170 SF
  • Lot Size 1.54 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 1, 2025
-A corporate Shake Shack lease running through 2030 with 2, 5-year options and Crescent Hall event space lease running through 2028 featuring 2% annual rental increases. Subject property is located in The Schoolyard, a 30,000+ SF retail development in Sandy, UT (Salt Lake City MSA).
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Highlights

  • New construction, two-tenant pad building anchored by corporate Shake Shack
  • Replaceable market rents
  • Crescent Hall lease features 2% annual rental increases
  • Located in The Schoolyard, one of Sandy's premier new retail developments
  • Ideally positioned adjacent to Costco and Scheels
  • Excellent residential demographics within a 5-mile radius of the property – 284,495 residents and average household incomes of $132,108

Getting around

  • 48/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 45/100

    Bike Score ®

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Location

  • City Sandy, UT
  • Neighborhood Crescent Vista
  • Zip Code 84070
  • Market Salt Lake City

Points of Interest

  • Crescent View

    0.80 miles

  • Sandy Expo

    2.10 miles

  • Historic Sandy

    2.66 miles

  • Midvale Center

    4.08 miles

  • Historic Gardner

    4.29 miles

  • Bingham Junction

    4.72 miles

  • Fashion Place West

    5.70 miles

  • Rideshare

    5.87 miles

  • 4800 West Old Bingham Highway

    6.28 miles

  • Murray Central

    7.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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