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Property profile

1650 State St Pleasant Grove, UT 84062

OFF-MARKET
Restaurants
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Property summary

AI-generated overview

This exceptional retail land opportunity in Pleasant Grove, Utah, presents five build-to-suit (BTS) pads and shop spaces, ideal for fast food, quick-service restaurants (QSR), and other retail uses. Located at 1650 W State St, 84062, this property boasts a highly visible location on a hard-signalized corner lot, ensuring maximum exposure to significant State Road traffic. The available lots offer a range of sizes: Lot 1 (4,400 sq ft), Lot 2 (1,700 sq ft), Lot 3 (4,200 sq ft), Lot 4 (3,500 sq ft), and Lot 5 (1.06 acres). All pads benefit from the strategic placement between two signalized intersections, maximizing visibility and accessibility. This development is situated in a thriving commercial area, surrounded by established businesses including Walmart, Kneaders Bakery & Cafe, Express Oil Change, Murphy USA, Crust Club, Soda Time, Popeyes, and Seven Bros. The property is offered for sale and ground lease options are available. This is a rare opportunity to secure a prime retail location in a high-traffic area with strong existing tenant synergy. The single-tenancy lots provide flexibility for various retail concepts. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Restaurants

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1650 State St Pleasant Grove, UT 84062
Pleasant Grove metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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