Drive-Thru Restaurant
For Sale
Contact for pricing
Pending
4023 Riverdale Rd, Riverdale, UT 84405
Newly constructed, drive-thru leased restaurant with an absolute NNN ground lease and no landlord responsibilities.
Property SizeContact for details
Days on Market117
Property Features for 4023 Riverdale Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
54,100 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Salt Lake City
(801) 410-1621
Listed By:
Jack Cornell · License #UT 9518385-SA00
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Aug 4 at 1:27PM
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 SRS Real Estate Partners Salt Lake City
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the leased fee interest (land ownership) in a newly constructed, drive-thru equipped FiiZ Drinks restaurant investment property with an absolute NNN ground lease. The tenant, Delta Bravo Holdings, LLC (dba FiiZ Drinks), recently signed a brand new 10-year lease with two (5-year) options to extend. The lease includes 10% rental increases every 5 years throughout the initial term and options, designed to grow NOI over time. The ground lease is described as absolute NNN with zero landlord responsibilities.
The property is located along Riverdale Road in Riverdale, Utah, a major retail corridor averaging nearly 54,100 vehicles passing daily, with nearby direct on/off ramp access to Interstate 15, averaging over 119,000 vehicles per day. The site is positioned as an outparcel to Riverdale Shopping Center, a 650,000+ SF power center anchored by Lowe’s, Ross Dress for Less, TJ Maxx, Staples, Old Navy, and Petco, and it is next to Newgate Mall, a 725,000 SF regional mall anchored by Burlington, AT&T, Footlocker, and CineMark.
The immediate area includes additional national/credit tenants such as Costco, Walgreens, Savers, Planet Fitness, 7-Eleven, and Advance Auto Parts. The 5-mile trade area is supported by over 176,000 residents and 84,000 employees, with average household income of $88,687 within a 5-mile radius.
The property is located along Riverdale Road in Riverdale, Utah, a major retail corridor averaging nearly 54,100 vehicles passing daily, with nearby direct on/off ramp access to Interstate 15, averaging over 119,000 vehicles per day. The site is positioned as an outparcel to Riverdale Shopping Center, a 650,000+ SF power center anchored by Lowe’s, Ross Dress for Less, TJ Maxx, Staples, Old Navy, and Petco, and it is next to Newgate Mall, a 725,000 SF regional mall anchored by Burlington, AT&T, Footlocker, and CineMark.
The immediate area includes additional national/credit tenants such as Costco, Walgreens, Savers, Planet Fitness, 7-Eleven, and Advance Auto Parts. The 5-mile trade area is supported by over 176,000 residents and 84,000 employees, with average household income of $88,687 within a 5-mile radius.
Key Highlights
- Newly constructed, drive‑thru equipped FiiZ Drinks property offered as leased fee interest (land ownership) in Riverdale, UT
- Tenant Delta Bravo Holdings, LLC (dba FiiZ Drinks) signed a brand new 10‑year lease with 2 (5‑year) options to extend
- Absolute NNN ground lease with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
54,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
984
Businesses Nearby
534k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 26%
Dining 25%
Shops & Services 23%
Apparel 16%
Costco Wholesale
Superstores
139,049 visits/mo
0.4 miles
In-N-Out Burger
Dining
48,086 visits/mo
0.1 miles
Costco Gasoline
Shops & Services
32,059 visits/mo
0.3 miles
Texas Roadhouse
Dining
31,690 visits/mo
0.2 miles
America First Credit Union
Shops & Services
29,918 visits/mo
0.4 miles
Demographics for 84405, UT
34,285
Population
12,645
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
95%
High-School Grad
18.5 sq mi
ZIP Area
1,853
Density / Sq Mi
$84,488
Median Household Income
$44,508
Median Earnings
$1,266
Median Rent
$386,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed, drive-thru leased restaurant with an absolute NNN ground lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 4023 Riverdale Rd Riverdale, UT.
What are key features of this property?
This property features: Newly constructed, drive‑thru equipped FiiZ Drinks property offered as leased fee interest (land ownership) in Riverdale, UT; Tenant Delta Bravo Holdings, LLC (dba FiiZ Drinks) signed a brand new 10‑year lease with 2 (5‑year) options to extend; Absolute NNN ground lease with zero landlord responsibilities
