Drive-Through Retail
380 N 2000 W Marriott Slaterville, UT 84404
380 N 2000 W, Marriott Slaterville, UT, 84404
Contact for pricing
For Sale
Contact for pricing
Built in 2011 and operating with a drive-thru; the current tenant’s lease runs through May 2031.
Property Size2,016 SF
Lot Size0.40 Acres
Price / SF$436.51
Days on Market100
Property Features for 380 N 2000 W
General Information
- Standard status
- Active
- Size
- 2,016 SF
- Lot size
- 0.40 Acres
- Property subtype
- Retail
Listing agency
Colliers - Pleasant Grove - Utah County, Utah
Listed by
Shauna Ashton · License #UT 11079055-SA00
Source
Crexi
Added: Apr 13 Updated: Jul 20 at 5:24PM Checked: Jul 20 at 5:24PM
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 for-sale retail property includes a 2,016 SF building constructed in 2011 on a 0.40-acre parcel. The site is configured for drive-thru service and is currently occupied by GriDeli’s, with a tenant lease expiration of May 2031.
The offering lists the parcel as 156050001 and notes an available 2,016 SF space. The provided financial summary includes a 5.75% cap rate, with a sales price of $880,000.
Located at 380 N 2000 W, Marriott-Slaterville, UT 84404, the asset presents a drive-thru retail setup with an in-place tenant through the stated lease end date.
The offering lists the parcel as 156050001 and notes an available 2,016 SF space. The provided financial summary includes a 5.75% cap rate, with a sales price of $880,000.
Located at 380 N 2000 W, Marriott-Slaterville, UT 84404, the asset presents a drive-thru retail setup with an in-place tenant through the stated lease end date.
Key Highlights
- 2011‑built commercial property on a 0.40‑acre lot with 2,016 SF building size
- Drive‑thru setup with current tenant GriDeli’s
- Tenant lease expires May 2031
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $19.44 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $37.2k | $18.47 |
| − OpEx | −$11.2k | −$5.54 |
| NOI | $26.1k | $12.93 |
2,016 SF · lease $19.44/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$372.3K
$325.8K – $434.4K
NOI $26,062 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$465.0K
$406.9K – $542.5K
NOI $32,548 @ 7.0% cap · market cap 3.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fireplace Blower Outlet
Production Facility
Zhang's Chinese Kitchen
Restaurant
Goodlife Gemz
(Bike/Boat/Book/etc) Store
Goodlife Gemz Crystal ...
(Bike/Boat/Book/etc) Store
Bullfrog Spas Factory ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Storefront property - Built in 2011 and operating with a drive-thru; the current tenant’s lease runs through May 2031.
Where is this storefront property located?
The property is located at 380 N 2000 W Marriott Slaterville, UT.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 2011‑built commercial property on a 0.40‑acre lot with 2,016 SF building size; Drive‑thru setup with current tenant GriDeli’s; Tenant lease expires May 2031
