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Freestanding Restaurant Property
For Sale
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1025 S University Ave, Provo, UT 84601

For sale with 78 units, operated as a Freddy’s Steakburgers location in Provo, UT.

Property SizeContact for details
Days on Market120

Property Features for 1025 S University Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Launch Development Group
Listed By: Joe Compagno · License #SA554895000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 11:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Launch Development Group

Investment Insights

Based on property information with market context.

This offering is for a freestanding restaurant property operated as a Freddy’s Steakburgers location. The transaction is for sale and is described by the seller as part of JRI Hospitality’s 78-unit platform, identified as the largest Freddy’s franchisee in the system.

The property is located at 1025 S University Ave in Provo, Utah (84601).

The provided information focuses on the restaurant brand and the stated unit count for the operating entity, with additional property-specific details not included in the remarks.

Key Highlights

  • For sale: Freddy’s Steakburgers location in Provo, UT
  • Operates with 78 units

Property Analytics

Current Use

Freddy's Frozen Custard ... Restaurant

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Carpet & Flooring Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,411
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 69% Shops & Services 17% Dining 7% Beauty & Spa 6%
Smith's Groceries
71,166 visits/mo 0.5 miles
Smith's Fuel Center Shops & Services
9,687 visits/mo 0.4 miles
Drybar Beauty & Spa
6,662 visits/mo 0.3 miles
State Liquor Store Groceries
5,530 visits/mo 0.3 miles
7-Eleven Shops & Services
3,530 visits/mo 0.3 miles

Demographics for 84601, UT

33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale with 78 units, operated as a Freddy’s Steakburgers location in Provo, UT.
Where is this conventional restaurant located?
The property is located at 1025 S University Ave Provo, UT.
What are key features of this property?
This property features: For sale: Freddy’s Steakburgers location in Provo, UT; Operates with 78 units
More about this property
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