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Fully Leased Retail Shopping Center
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Pending

2135 W 450 S Suite D, Pleasant Grove, UT 84062

Single-building center includes a drive-thru unit and full tenant occupancy.

Property Size7,481 SF
Days on Market142

Property Features for 2135 W 450 S Suite D

General Information

Standard status Pending
Size 7,481 SF
Property subtype Retail
Occupancy 100%

Site & Location

Drive-Thru Yes
Anchor Co-Tenants Parlor Doughnuts, Oteo, Flow Haus
Traffic Count 14,664 vehicles/day
Highway Access Yes

Additional Details

Cap Rate 6.5%

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Colliers - Pleasant Grove - Utah County, Utah
Listed By: Bryant Parker · License #UT 13058456-SA00
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 4:52PM

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 Colliers - Pleasant Grove - Utah County, Utah

Investment Insights

Based on property information with market context.

This retail shopping center consists of a 7,481-square-foot building identified as Building 1. The property is fully leased and includes a drive-thru unit, providing varied retail configurations within the center. Current occupants include Parlor Doughnuts, Oteo, and Flow Haus.

The property is located at 2135 W 450 S, Suite D, in Pleasant Grove, Utah, with immediate access to I-15. Traffic at the intersection is reported at 14,664 ADT. Lease terms include five-year commitments and annual 3% rent increases, while the asset is offered with a 6.50% cap rate.

Key Highlights

  • 7,481‑square‑foot retail building identified as Building 1
  • Fully leased shopping center with Parlor Doughnuts, Oteo, and Flow Haus
  • Drive‑thru unit included in the building configuration

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Restaurant Grocery & Convenience 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

14,664 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 32%
Rancherito's Dining
5,956 visits/mo 0.5 miles
Tesla Motors Shops & Services
2,793 visits/mo 0.3 miles

Demographics for 84062, UT

47,771
Population
14,649
Households
3.3
Avg Household Size
28
Median Age
43%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
942
Density / Sq Mi
$101,584
Median Household Income
$41,079
Median Earnings
$1,617
Median Rent
$479,800
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
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Similar Off Market Nearby

  • Alexis Retail Plaza 450 N County Blvd, Pleasant Grove, UT 84062

Frequently Asked Questions

What type of property is this?
Shopping center - Single-building center includes a drive-thru unit and full tenant occupancy.
Where is this shopping center located?
The property is located at 2135 W 450 S Suite D Pleasant Grove, UT.
What are key features of this property?
This property features: 7,481‑square‑foot retail building identified as Building 1; Fully leased shopping center with Parlor Doughnuts, Oteo, and Flow Haus; Drive‑thru unit included in the building configuration
(385) 866-3007 Call to check price and availability
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