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    OFF-MARKET
    Retail properties & Spaces

    1855 Fort Union Blvd, Cottonwood Heights, UT 84121

    30,944 SF 2.89 ac lot Built 1961
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,600 square foot restaurant space is available for lease in the vibrant Cottonwood Heights area of Salt Lake County, Utah. Located within the Cottonwood Plaza, a single-story, 30,944 square foot retail building, this second-generation restaurant boasts a prime location with high traffic counts. The property features convenient access to major thoroughfares, including Fort Union Boulevard (31,288 ADT) and Highland Drive (59,230 ADT), ensuring excellent visibility and accessibility for your business. Built in 1961 and renovated in 2012, the building is classified as Class C and sits on a generous 2.89-acre lot (APN: 22-21-477-011-0000). Its C-2 zoning allows for a variety of commercial uses. The strategic location offers proximity to popular ski resorts and Interstate 215, further enhancing its appeal. A short 14-minute drive to Salt Lake International Airport provides additional convenience. This turnkey opportunity is perfect for an established restaurant looking to expand or a new concept seeking a high-traffic location in a thriving community. The property is situated near the intersection of 7200 South and 1800 East, within the Cottonwood Heights submarket cluster of Salt Lake. The remaining 29,344 square feet of the building is currently occupied by multiple tenants. This space presents a unique chance to establish a successful restaurant in a well-established commercial center.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1961
    Total area 30,944 SF
    Lot 2.89 ac (125,888 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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