8635 Highland DrCottonwood Heights, UT 84093

Property Details for 8635 Highland Dr

Year built

2000

Construction

WOOD FRAME

Lot size

0.48 AC

Property size (Sq ft)

3,791 SF

Zone code

CN

Property type

Drive through restaurants

APN

28-03-102-054

APU

2803102054

Description

This exceptional freestanding restaurant building, located at 8635 S Highland Dr in Sandy, Utah, presents a unique investment opportunity. Boasting 3,791 square feet, this second-generation restaurant space is ideally situated in a high-traffic area with excellent visibility. The property includes a valuable drive-thru, a significant advantage for quick-service restaurants. Priced at $1,800,000, the asking price equates to $474.81 per square foot. The building is part of a grocery-anchored center, ensuring consistent foot traffic and a strong customer base. Its location on Highland Drive in Sandy, within Salt Lake County (zip code 84093), offers unparalleled access and exposure. This owner-user opportunity is perfect for an established restaurant looking to expand or a new concept seeking a turnkey location with existing infrastructure. The property's size and features make it suitable for a variety of restaurant types. Don't miss this chance to acquire a thriving restaurant space in a prime Sandy location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,472,219

  6.5%

  $1,358,971

  7%

  $1,261,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,914,008

  Geo Method

  $1,914,008

• Alternative Use

  Use

  Valuation

  Residential

  $1,146,343

  Hospitality

  $1,050,044

  Educational

  $873,624

  Medical

  $903,670

  Retail

  $1,358,971

Location Insight

City

Sandy

County

Salt Lake

State

Utah

Latitude

40.5941

Longitude

-111.832

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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