Turnkey Colombian
For Sale
$190,000
A-1835 W 3600 S, West Valley City, UT 84103
Turnkey Colombian cuisine restaurant with dedicated dining and kitchen space, fully equipped, including operating systems and online ordering.
Property Size1,250 SF
Price / SF$152
Days on Market95
Property Features for A-1835 W 3600 S
General Information
Standard status
Active
Size
1,250 SF
Additional Details
Furnished
Yes
Business Included
Yes
Listing Agency:
Real Estate Essentials
(801) 610-9563
Listed By:
Nancy Ayala
(385) 225-6783
Source:
Exprealty
Added: Jun 4
Changed: Sep 4
Last Checked: Sep 5 at 12:55PM
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 Real Estate Essentials
Investment Insights
Based on property information with market context.
Turnkey Colombian cuisine restaurant for sale with approximately 1,250 square feet of well-designed dining and kitchen space. The space is fully equipped for operation and the sale includes furniture, fixtures, equipment, inventory, and essential operational systems to support a seamless transition for new ownership. The restaurant is currently operating profitably and includes an established online ordering setup.
The business is located in a high-visibility area near Redwood Road and 3600 S (A-1835 W 3600 S, West Valley City, UT). Online ordering is supported by a fully functioning website and active integration with delivery and ordering platforms including Uber Eats, DoorDash, and Grubhub, providing customers multiple ways to place orders.
This offering is suited for an owner-operator or investor looking to assume operations with existing infrastructure for online ordering and delivery-based sales.
The business is located in a high-visibility area near Redwood Road and 3600 S (A-1835 W 3600 S, West Valley City, UT). Online ordering is supported by a fully functioning website and active integration with delivery and ordering platforms including Uber Eats, DoorDash, and Grubhub, providing customers multiple ways to place orders.
This offering is suited for an owner-operator or investor looking to assume operations with existing infrastructure for online ordering and delivery-based sales.
Key Highlights
- Turnkey Colombian cuisine restaurant with dedicated dining and kitchen space totaling approximately 1,250 SF
- Fully equipped sale includes furniture, fixtures, equipment, inventory, and essential operational systems
- Online ordering website allows customers to place orders directly
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,060
$329.1K
Cap Rate 7%
$235,043
$235.0K
Cap Rate 9%
$182,811
$182.8K
Market Conditions
NOI Build-Up for 1,250 SF
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.
Gross rent
$22.5K $18.00/SF
− Vacancy
−$563 −$0.45/SF
EGI
$21.9K $17.55/SF
− OpEx
−$5.5K −$4.39/SF
NOI
$16.5K $13.16/SF
Area
West Valley City, UT
Vacancy
2.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$329,060
Cap Rate 7%
$235,043
Cap Rate 9%
$182,811
Alternative Uses
Best Use
Specialty Retail
$235.0K
$205.7K – $274.2K
NOI $16,453 @ 7.0% cap · market cap 8.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.9K
$313.1K – $417.5K
NOI $25,050 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,559
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 48%
Dining 40%
Groceries 7%
Shops & Services 4%
Panda Express
Dining
15,415 visits/mo
0.3 miles
Hyatt House Salt Lake City/Downtown
Hotels & Casinos
15,268 visits/mo
0.3 miles
Courtyard Salt Lake City Downtown
Hotels & Casinos
10,039 visits/mo
0.3 miles
Rancherito's
Dining
9,965 visits/mo
0.5 miles
Salt Lake City Market AT 4th West
Groceries
4,585 visits/mo
0.4 miles
Demographics for 84103, UT
22,788
Population
13,528
Households
1.7
Avg Household Size
36
Median Age
66%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,112
Density / Sq Mi
$81,386
Median Household Income
$54,787
Median Earnings
$1,374
Median Rent
$710,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey Colombian cuisine restaurant with dedicated dining and kitchen space, fully equipped, including operating systems and online ordering.
Where is this conventional restaurant located?
The property is located at A-1835 W 3600 S West Valley City, UT.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Turnkey Colombian cuisine restaurant with dedicated dining and kitchen space totaling approximately 1,250 SF; Fully equipped sale includes furniture, fixtures, equipment, inventory, and essential operational systems; Online ordering website allows customers to place orders directly
