For property managers

How Much Space Does a Micro Market Need in an Apartment Building?

By Sam Johnsen, founder, Cache Markets · Published

TL;DR Less than most property managers expect. A Cache micro market can fit in a footprint as small as 30 x 30 inches. Your property provides that spot, a standard outlet, and Wi-Fi. Cache owns, installs, stocks, and services the market at $0 to the property. The size of the spot matters less than where it is: one fixed point that residents walk past every day beats a bigger room nobody uses.

Short answer: a footprint as small as 30 x 30 inches

When we walk a building in Sandy, Draper, or Lehi, the first thing a community manager usually asks is "Where would this even go?" The answer is usually somewhere you already have. A Cache market can fit in a footprint as small as 30 x 30 inches, about the space of a corner chair or a small side table. It needs a standard outlet nearby and a Wi-Fi signal for the tap-to-pay kiosk. That is the whole list.

You do not need to give up a leasing office, a storage closet, or a room you could rent. Most of the spots that work best are walls and corners in common areas you already clean, light, and keep open to residents.

Diagram: a small micro market footprint on a common-area wall, next to a standard outlet, with resident foot traffic passing in front of it Common-area wall (mail room, lobby, clubhouse) Market as small as 30 x 30 in standard outlet + Wi-Fi Daily resident foot traffic past one fixed point
What we look for on a walkthrough: a small, visible spot on a path residents already walk, with power and Wi-Fi in reach. Illustration, not to scale.

What your property provides (and what it does not)

ItemCache MarketsYour property
A visible spot (as small as 30 x 30 inches)NoYes
A standard outlet at the spotNoYes
Wi-Fi for the kioskNoYes
Equipment, install, and stockingYesNo
Restocking, service, and repairsYesNo
Tap-to-pay kiosk and card processingYesNo

There is no special wiring project, no build-out, and no cost to the property. Residents pay for what they buy at the kiosk, and that is how Cache gets paid. For the full cost breakdown, read is a micro market really free for an apartment community?

The best spots in an apartment building

The right spot is less about square footage and more about who walks past it. These are the places we look at first:

  • Mail or package room. Nearly every resident comes through, often more than once a week. A wall here is often the strongest spot in the building.
  • Clubhouse. A corner or a kitchen counter area works well, especially if the clubhouse stays open late or doubles as a study or work-from-home space.
  • Lobby. In mid-rise buildings, the lobby is the one place everyone crosses on the way in and out.
  • Elevator bank. People wait here with a free minute, which is exactly when a quick grab-and-go purchase happens.
  • Fitness area. Drinks and snacks next to the gym make sense to residents right away.

Why foot traffic beats unit count

It is natural to think a bigger community needs a bigger market, or that a smaller one does not qualify. In practice, what matters most is how many residents pass one fixed point on a normal day. A smaller garden community where everyone picks up mail at a central building can be a better fit than a larger property where residents are spread across separate buildings with no shared path.

That is why our walkthrough focuses on routes, not floor plans. We look at where residents park, where they get packages, where they wait, and which common areas stay open after the leasing office closes. A small market on a busy path does more for residents than a large one tucked in a back room.

What this looks like in Sandy, Draper, Lehi, and Utah County

Utah apartment communities tend to fall into a few layouts, and each one points to a different spot:

Mid-rise and transit-oriented buildings (Sandy, Draper)

Newer buildings near TRAX and FrontRunner stations usually have a single controlled-access lobby, a package room, and an elevator bank. Any of those can work, and the lobby or package room is often the clear winner because every resident passes it.

Garden-style communities (Lehi, Utah County)

Communities with several walk-up buildings usually centralize mail and amenities in a clubhouse. Here the clubhouse, near the mail kiosks or the fitness room, is typically the best spot.

Student housing (near UVU and BYU)

Student communities in Orem and Provo often have study lounges and clubhouses that stay busy late. Late-night access matters, so a spot residents can reach after the office closes is worth prioritizing.

Is it worth the space?

According to the Greystar 2024 Design Survey, which gathered responses from 90,368 renters, 47% of renters are interested in a convenience shop for small purchases, and renters indicated a $53 per month premium for it. For a corner of a common area, that is a visible, everyday amenity to show on tours. See the numbers on our homepage.

Source: Greystar 2024 Design Survey.

A micro market is also different from a vending machine. It is an open, self-serve shop with fresh food, drinks, snacks, and essentials, so it needs a visible spot rather than a hidden one. See our micro market vs vending machine comparison.

Insurance, notice, and install timing

  • Insurance: we provide a certificate of insurance (COI) for your location before install.
  • Notice period and install timing: agreed with each property and written into a short, one-page letter of intent (LOI).
  • Revenue share: none by default. The market is a free resident amenity.
  • Equipment: stays Cache's. If the market ever leaves, we remove it.

How a free walkthrough sizes your space

  1. We walk two or three candidate spots with you.
  2. We check the outlet, the Wi-Fi signal, and the foot traffic past each spot.
  3. We follow up with a mockup of the market in your chosen spot and a one-page LOI for your regional manager or owner.

If none of your spaces is a good fit, we will tell you. We serve apartment communities from Provo to North Salt Lake, including Sandy, Draper, Lehi, and the rest of Utah County.

FAQ

How much space does a micro market need?

A Cache micro market can fit in a footprint as small as 30 x 30 inches. Where it goes matters more than how big the spot is.

What does the property need to provide?

A visible spot residents pass every day, a standard outlet, and Wi-Fi for the tap-to-pay kiosk.

Where is the best spot in an apartment building?

Usually the mail or package room, clubhouse, lobby, elevator bank, or fitness area. The best spot is the one fixed point the most residents walk past.

Is our community too small for a micro market?

Not necessarily. Foot traffic past one fixed point matters more than unit count. A free walkthrough is the quickest way to find out.

Does it cost the property anything?

No. Cache Markets owns, installs, stocks, and services the market at $0 to the property. There is no revenue share by default.

How long does install take?

Install timing is agreed with each property in the letter of intent, and we provide a certificate of insurance before install.

Book a free walkthrough

We will walk your building and show you exactly where a market would fit. No cost, no obligation. Call (385) 374-0315, email hello@cachemarkets.com, or book a walkthrough on our homepage.

Book a free walkthrough