Three-Tenant Strip Mall with
New
For Sale
$4,070,000
3526 W 1940 N, Lehi, UT 84043
Fully occupied retail center with three tenants and an endcap drive-through.
Property Size6,124 SF
Days on Market7
Property Features for 3526 W 1940 N
General Information
Standard status
Active
Size
6,124 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Anchor Co-Tenants
Little Caesars, Wingstop
Building Details
Building Size
6,124 SF
Year Built
2024
Buildings
1
Tenancy
Multi
Listing Agency:
CP Partners
Listed By:
John Andreini · License #CalDRE #01440360
(415) 274-2715
Source:
Cppcre
Added: Sep 20
Last Checked: Sep 26 at 4:47AM
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 CP Partners
Investment Insights
Based on property information with market context.
Completed in 2024, this fully occupied strip mall contains three retail tenants, including Little Caesars and Wingstop. The property includes an endcap with a drive-through, adding a dedicated feature for one of the retail spaces.
The building is located at 3526 W 1940 N in Lehi, Utah. Little Caesars and Wingstop are operated by Sizzling Platter, a franchise platform founded in 1963 with more than 60 years of operating history and over 750 units across the U.S. and Mexico. Its brand portfolio also includes Jersey Mike’s, Dunkin’, Jamba, Sizzler, Red Robin, and Cinnabon.
The surrounding residential trade area has average household incomes of $163,000 to $164,000 within a 3-mile radius, while projected population growth over the next five years ranges from 18% to 30% within the 1-, 3-, and 5-mile areas.
The building is located at 3526 W 1940 N in Lehi, Utah. Little Caesars and Wingstop are operated by Sizzling Platter, a franchise platform founded in 1963 with more than 60 years of operating history and over 750 units across the U.S. and Mexico. Its brand portfolio also includes Jersey Mike’s, Dunkin’, Jamba, Sizzler, Red Robin, and Cinnabon.
The surrounding residential trade area has average household incomes of $163,000 to $164,000 within a 3-mile radius, while projected population growth over the next five years ranges from 18% to 30% within the 1-, 3-, and 5-mile areas.
Key Highlights
- 100% occupied three‑tenant retail building
- 2024 construction
- Endcap space includes a drive‑through
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 84043, UT
76,954
Population
23,408
Households
3.3
Avg Household Size
26
Median Age
50%
College-Educated
97%
High-School Grad
31.1 sq mi
ZIP Area
2,474
Density / Sq Mi
$125,598
Median Household Income
$49,643
Median Earnings
$1,802
Median Rent
$567,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully occupied retail center with three tenants and an endcap drive-through.
Where is this strip mall located?
The property is located at 3526 W 1940 N Lehi, UT.
What is the asking price?
The asking price for this property is $4,070,000.
What are key features of this property?
This property features: 100% occupied three‑tenant retail building; 2024 construction; Endcap space includes a drive‑through
