3601 2700West Valley City, UT 84119

For Sale
$2,928,000
High-yield restaurant investment. Prime West Valley City location.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a single-tenant, freestanding Olive Garden restaurant located at 3601 S 2700 W, Salt Lake City, UT 84119. Built in 2009, this 1-story, 1-building property sits on a ground lease and boasts a highly desirable drive-thru. The property features a strong net operating income (NOI) of $146,410, resulting in an attractive 5.00% capitalization rate. The asking price is $2,928,000. This location benefits from its high visibility and easy accessibility within a premier retail, residential, and entertainment hub, near West Valley City's new downtown area. The property is situated in Utah's second-largest city, known for its #1 ranked national economy and attractive trade area demographics. This presents a compelling opportunity for individual or portfolio acquisitions, with an all-cash offer encouraged. The property's APN is 15-33-201-018-0000. This is a rare chance to acquire a well-established, high-performing restaurant in a thriving market.

Highlights

  • Opportunity for individual or portfolio acquisition.
  • All-cash offers encouraged.
  • Located in a premier retail, residential, and entertainment hub.
  • Prime location near West Valley City's new downtown.
  • Situated in Utah's second-largest city.
  • High-visibility, easily accessible location with a desirable drive-thru.

Property Details for 3601 2700

Property type
Retail properties, Restaurants
Year Built
2009
Buildings
1
Stories
1

Location Insight

City
West Valley City
County
Salt Lake
State
Utah
Latitude
40.694169
Longitude
-111.9576055
3601 2700, West Valley City, Utah

FAQs

What type of property is this?
Retail property - High-yield restaurant investment. Prime West Valley City location.
Where is the retail property located?
The property is located at 3601 2700 West Valley City, UT.
What is the asking price?
The asking price for this property is $2,928,000.
What are key features of this property?
This property features: Opportunity for individual or portfolio acquisition.; All-cash offers encouraged.; Located in a premier retail, residential, and entertainment hub.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3601 2700
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