3601 2700 West Valley City, UT 84119

OFF-MARKET

Retail properties & Spaces

Built 2009

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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 type Retail properties & Spaces

Year built 2009

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Mobile Phone Store Electronics & Wireless Store
Mobile Phone Store Electronics & Wireless Store
Physician
Computer & Electronic Repair Tech Support Center
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3601 2700 West Valley City, UT 84119

West Valley City metro

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6 recent transactions · within 1.5 mi

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