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Freddy’s Drive-Through Restaurant

3567 E Pony Express Pkwy, Eagle Mountain, UT 84005

For Sale
New
Contact for pricing

A single-tenant location is leased under a new 20-year absolute NNN agreement with rent increases every five years.

Property SizeContact for details
Days on Market7

Property Features for 3567 E Pony Express Pkwy

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 31,192 vehicles/day
Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: CBRE - Phoenix
Listed By: Owen Littrell · License UT SA714185000
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 4:36PM

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 CBRE - Phoenix

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Investment Insights

Based on property information with market context.

Freddy’s Frozen Custard & Steakburgers operates at this single-tenant drive-through restaurant under a new 20-year absolute NNN lease. The agreement provides for 10% rent increases every five years.

The property has frontage at the signalized junction of N Ranches Pkwy and E Pony Express Pkwy, where combined traffic is ±31,192 VPD. State Route 73 is four minutes south, with ±38,836 VPD. Porter's Crossing Town Center is two minutes east; its second 17-acre phase is under construction. Westlake High School is within seven minutes.

Nearby development includes the Mount Saratoga community, planned for ±2,400 units and about five minutes away, and Overland, a ±1,196-acre community planned for ±3,000 homes about six minutes away. Eagle's Landing, a proposed ±53-acre retail center, is eight minutes away. The property is in Eagle Mountain, a data center corridor that includes QTS and Meta campuses.

Key Highlights

  • Single‑tenant Freddy’s Frozen Custard & Steakburgers drive‑through restaurant
  • New 20‑year absolute NNN lease with 10% rent increases every 5 years
  • Frontage at signalized N Ranches Pkwy and E Pony Express Pkwy intersection; combined traffic of ±31,192 VPD

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Auto Repair Shop

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

31,192 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
12,721 visits/mo 0.1 miles
AutoZone Shops & Services
5,099 visits/mo 0.5 miles
Jiffy Lube Shops & Services
2,615 visits/mo 0.5 miles

Demographics for 84005, UT

43,113
Population
11,949
Households
3.6
Avg Household Size
22
Median Age
38%
College-Educated
96%
High-School Grad
36.5 sq mi
ZIP Area
1,181
Density / Sq Mi
$105,576
Median Household Income
$46,401
Median Earnings
$1,995
Median Rent
$469,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - A single-tenant location is leased under a new 20-year absolute NNN agreement with rent increases every five years.
Where is this drive through restaurant located?
The property is located at 3567 E Pony Express Pkwy Eagle Mountain, UT.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Single‑tenant Freddy’s Frozen Custard & Steakburgers drive‑through restaurant; New 20‑year absolute NNN lease with 10% rent increases every 5 years; Frontage at signalized N Ranches Pkwy and E Pony Express Pkwy intersection; combined traffic of ±31,192 VPD
(859) 640-9498 Call to check price and availability
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