Canyon Center — Lease in Sandy, UT
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Sandy, UT 84093
Photos
Description
Canyon Center Retail | Multiple Suites Available | Smith's Marketplace Anchored
Market Context
This retail in Sandy, UT is listed for lease. Compare it against other retail listings for lease in Sandy, UT — view the full market.
As of Q1 2026, the Salt Lake City retail market showed a 4.1% vacancy rate, average asking rents near $22.61/SF/yr, rents up 0.7% year over year, and cap rates around 6.5%. Source: Marcus & Millichap Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Salt Lake City?
- About 6.5% as of Q1 2026, per Marcus & Millichap.
- Is the Salt Lake City retail market tightening or softening?
- Vacancy is around 4.1%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$1.58/SF/mo – $2.22/SF/mo
Mid: $1.89/SF/mo
Contact
- Brian Anderson · 801 869 8038 · cbrian.anderson@cbre.com
- August Drews · 801 869 8083 · august.drews@cbre.com
- Roger Smith · 801 869 8047 · roger.smith1@cbre.com
Explore this market
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