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    4415 Tree Sparrow Dr Riverton, UT

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    For Sale
    $4,609,000

    New 10-year ground lease with corporate guaranty.

    Property size:
    3,529 SF
    Lot size:
    31.28 Acres

    Property Features for 4415 Tree Sparrow Dr

    General Information

    Size
    3,529 SF
    Lot size
    31.28 Acres

    Source: Colliers | Las Vegas Agent Adam Malan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Ground Lease Opportunity

    This property features a new 10-year ground lease with a corporate guaranty. The lease is absolute NNN, meaning there are zero landlord responsibilities. The lease includes percentage rent and 10% increases every 5 years. The property benefits from frontage along 13400 South St., which sees approximately 31,227 vehicles per day. It is positioned within Mountain View Village, a mixed-use destination with approximately 1 million square feet. The surrounding area includes over 100 national retailers. The property size is 3,529 square feet and is located at 4415 Tree Sparrow Dr, Riverton, UT.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Similar Places Nearby

    Saffron Circle - Riverton

    Map

    City
    Riverton
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9391023
    Latitude
    40.521893

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    FAQs

    What type of property is this?
    Restaurant - New 10-year ground lease with corporate guaranty.
    Where is this restaurant located?
    The property is located at 4415 Tree Sparrow Dr Riverton, UT.
    What is the asking price?
    The asking price for this property is $4,609,000.
    What are key features of this property?
    This property features: - New 10-Year Ground Lease with Corporate Guaranty (NYSE: SHAK); - Absolute NNN with Zero Landlord Responsibilities; - Positioned within Mountain View Village, a ±1MM SF mixed-use destination
    (702) 735-5700
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    4415 Tree Sparrow Dr Riverton, UT
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4415 Tree Sparrow Dr Riverton, UT
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