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    Property profile & analytics
    FOR LEASE
    Strip malls

    1865 W Pleasant Grove Blvd, Pleasant Grove, UT 84062

    11,429 SF 1.39 ac lot Built 2019
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US86-0826296
    Property summary
    AI-generated overview

    Valley Grove Community Center offers 19,102 square feet of retail space in Pleasant Grove, Utah County. Currently, 17,002 square feet is vacant, offering significant opportunity for multiple tenants. The property sits on a 6.5-acre lot and features a single-story building with spaces ranging from a minimum of 7,625 square feet to a maximum contiguous space of 9,377 square feet. This prime retail location boasts high visibility and traffic, exceeding 60,000 average daily traffic counts (ADT), and benefits from its placement at a lighted intersection. Easy access to Interstate I-15 ensures convenient access for customers and employees. The property offers both pad and shop space options, and a drive-thru is available for suitable tenants. A significant advantage is its proximity to a proposed 100,000 square foot convention center with over 500 hotel rooms, promising increased foot traffic and potential synergy. This presents a unique opportunity for businesses seeking high-traffic exposure in a rapidly growing area. The property's size and layout provide flexibility for a variety of retail uses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2019
    Total area 11,429 SF
    Lot 1.39 ac (60,418 SF)
    APN 54-376-0021
    UPID US86-0826296
    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
    • Wok The Line - Asian Cuisine Restaurant
    • Inklifters Tattoo Removal Tattoo & Piercing Shop Skin Care Clinic
    • Aesthetica Medical Clinic
    • AT&T Store Mobile Phone Store Electronics & Wireless Store
    • Village Baker Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    VALLEY GROVE II RETAIL E LLC
    VALLEY GROVE II RETAIL E LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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