Restaurant Building with
For Sale
Contact for pricing
1385 S 500 W, Bountiful, UT 84010
Restaurant facility on 500 West, identified as a main travel corridor in Bountiful.
Property Size9,392 SF
Price / SF$425.89
Days on Market224
Property Features for 1385 S 500 W
General Information
Standard status
Active
Size
9,392 SF
Class
C
Property subtype
Retail
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
1970
Buildings
1
Stories
2
Listing Agency:
Futr Commercial
Listed By:
Andy Gunther · License #UT
(801) 858-0555
Source:
Crexi
Added: Mar 5
Changed: Oct 1
Last Checked: Oct 14 at 9:13PM
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 Futr Commercial
Investment Insights
Based on property information with market context.
The offering includes a restaurant building of approximately 9,392 square feet at 1385 S 500 W in Bountiful. Constructed in 1970, the property includes equipment that may be used if needed; the seller provides no warranty on the equipment or any aspect of the structure.
Two parcels are included, measuring 1.910 acres and .270 acres. The property fronts 500 West, described as a main travel corridor in Bountiful. A lease transaction may also be considered, potentially using an NNN structure. The source information also identifies a development opportunity associated with the property.
Two parcels are included, measuring 1.910 acres and .270 acres. The property fronts 500 West, described as a main travel corridor in Bountiful. A lease transaction may also be considered, potentially using an NNN structure. The source information also identifies a development opportunity associated with the property.
Key Highlights
- Restaurant building contains approximately 9,392 SF
- Two parcels included: 1.910 acres and .270 acres
- Located at 1385 S 500 W, Bountiful, UT 84010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,130
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,582,600
$2.6M
Cap Rate 7%
$1,844,714
$1.8M
Cap Rate 9%
$1,434,778
$1.4M
Market Conditions
NOI Build-Up for 9,392 SF
Gross rent
$182.6K $19.44/SF
− Vacancy
−$10.4K −$1.11/SF
EGI
$172.2K $18.33/SF
− OpEx
−$43.0K −$4.58/SF
NOI
$129.1K $13.75/SF
Area
Davis County, UT
Vacancy
5.70%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,582,600
Cap Rate 7%
$1,844,714
Cap Rate 9%
$1,434,778
Alternative Uses
Best Use
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $129,130 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,841 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 7%
Home Improvements & Furnishings 6%
Beauty & Spa 1%
Maverik Adventures First Stop
Shops & Services
12,842 visits/mo
0.3 miles
Mountain America Credit Union
Shops & Services
9,618 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,002 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,222 visits/mo
0.2 miles
AutoZone
Shops & Services
4,704 visits/mo
0.5 miles
Demographics for 84010, UT
48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant facility on 500 West, identified as a main travel corridor in Bountiful.
Where is this conventional restaurant located?
The property is located at 1385 S 500 W Bountiful, UT.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Restaurant building contains approximately 9,392 SF; Two parcels included: 1.910 acres and .270 acres; Located at 1385 S 500 W, Bountiful, UT 84010
