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    OFF-MARKET
    Retail properties & Spaces

    3601 2700, West Valley City, UT 84119

    Built 2009
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, freestanding Olive Garden restaurant located at 3601 S 2700 W, Salt Lake City, UT 84119. Built in 2009, this 1-story, 1-building property sits on a ground lease and boasts a highly desirable drive-thru. The property features a strong net operating income (NOI) of $146,410, resulting in an attractive 5.00% capitalization rate. The asking price is $2,928,000. This location benefits from its high visibility and easy accessibility within a premier retail, residential, and entertainment hub, near West Valley City's new downtown area. The property is situated in Utah's second-largest city, known for its #1 ranked national economy and attractive trade area demographics. This presents a compelling opportunity for individual or portfolio acquisitions, with an all-cash offer encouraged. The property's APN is 15-33-201-018-0000. This is a rare chance to acquire a well-established, high-performing restaurant in a thriving market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2009
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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