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Drive-Through Restaurant Investment
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1105 N 400 W, Layton, UT 84041

Single-tenant fast-food property with an established Wendy’s occupancy and an extended lease option.

Property SizeContact for details
Days on Market6

Property Features for 1105 N 400 W

General Information

Standard status Active
Property subtype RETAIL

Additional Details

Cap Rate 4.5%
Drive-Thru Yes

Building Details

Tenancy Single
Listing Agency: Mountain West - Corporate
Listed By: Ryan Stewart · License #7890408-SA00
Source: Moodyscre
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 29 at 12:50PM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

This single-tenant drive-through restaurant is occupied by Wendy’s, with the tenant associated with the location since 1986. The property combines indoor dining with a drive-through component and is presented as a standalone investment asset.

Wendy’s has exercised its 7th option to extend the lease for another 5 years. The offering reflects a 4.5 cap rate and is positioned just south of the Layton Hills Mall corridor, a regional shopping center area. The site is also described as having access, visibility, and high traffic counts.

Key Highlights

  • Wendy’s tenant associated with the location since 1986
  • 7th lease extension option signed for another 5 years
  • Cap rate: 4.5

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Hair Salon Nail Salon Restaurant Spa & Massage Center Real Estate Agency (Bike/Boat/Book/etc) 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
7,862 visits/mo 0.4 miles

Demographics for 84041, UT

55,289
Population
19,171
Households
2.9
Avg Household Size
30
Median Age
31%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
3,711
Density / Sq Mi
$87,608
Median Household Income
$43,804
Median Earnings
$1,404
Median Rent
$395,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant fast-food property with an established Wendy’s occupancy and an extended lease option.
Where is this drive through restaurant located?
The property is located at 1105 N 400 W Layton, UT.
What is the asking price?
The asking price for this property is $1,866,000.
What are key features of this property?
This property features: Wendy’s tenant associated with the location since 1986; 7th lease extension option signed for another 5 years; Cap rate: 4.5
(801) 578-5541 Call to check price and availability
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