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1160 W Lori Ln 10,000 - 28,500 SF of Space Available in Kamas, UT 84036
HIGHLIGHTS
- New mixed-use commercial building.
- Office space with beautiful views of the "Jordanelle Valley".
- Restaurant or retail area with outside seating.
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 10,000 SF | 5-10 Years | $58.15 CAD/SF/YR $4.85 CAD/SF/MO $581,490 CAD/YR $48,458 CAD/MO | Triple Net (NNN) |
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Unobstructed Canyon Views
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 18,500 SF | Negotiable | $58.15 CAD/SF/YR $4.85 CAD/SF/MO $1,075,757 CAD/YR $89,646 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 10,000 SF | 5-10 Years | $58.15 CAD/SF/YR $4.85 CAD/SF/MO $581,490 CAD/YR $48,458 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- Unobstructed Canyon Views
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Unobstructed Canyon Views
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 28,500 SF | Gross Leasable Area | 37,000 SF |
| Property Type | Retail | Year Built | 2027 |
| Property Subtype | Storefront | Construction Status | Proposed |
| Total Space Available | 28,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 37,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Perfectly located future mixed use building in the heart of Summit / Wasatch counties new development. Beautiful contemporary building will feature a 18,500 SF first floor and a 10,000 SF second floor space, with potential to add outdoor seating. There is potential for additional restaurant square footage on the first level up to 25,000 SF, with beautiful views overlooking the "Jordanelle Valley". Units of up to 6,000 SF will be available to lease. The building should be completed by Fall 2026. The business will service all areas of eastern Summit county and northern Wasatch county. This is on a prime hard shoulder of a busy highway, which features heavy growth as the valley gets built out. This area shall truly be the "Commercial Hub" to service the growing demand in the area.
CONTACTS
-
John Travis -
Jason Travis -
Andy Thelander -
Berkshire Hathaway HomeServices Utah Properties
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1160 W Lori Ln
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