4233 Highland Dr Salt Lake City, UT 84124-2603
This exceptional 4,600 square foot free-standing commercial building, situated on Highland Drive in Salt Lake County, presents a remarkable opportunity for a discerning restaurateur or retailer. Built in 1950, this single-story structure boasts excellent access and visibility, ensuring high foot traffic and brand recognition. Currently vacant, the entire 4,600 square feet is available for lease, offering a blank canvas for your vision. The property's second-generation restaurant configuration provides a solid foundation for immediate occupancy, minimizing upfront build-out costs. Ample parking is available, enhancing customer convenience. Furthermore, there's potential to develop outdoor patio space, adding significant value and appeal. This location offers a unique blend of established infrastructure and high-growth potential, making it an ideal investment for a business seeking a prominent presence in a thriving area. Contact us to discuss lease rates and explore the possibilities of this exceptional property. The property is a single-tenancy building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.