Canyon Center

Location: Sandy, UT
Type: Retail
Price: $6,700,000

SMC provided a $6,700,000 first mortgage loan to facilitate the acquisition of the Subject. The Loan has a 10-year term with full-term interest-only payments. The Subject is a 84.4% occupied, 47,732 SF, shadow-anchored, retail property located at 2025-2137 9400 South, Sandy, UT. The Subject features national tenants including Wells Fargo and Wendy’s and is shadow anchored by Smith’s Grocer and Shopko.