Technical
Financial
Distress signals
Property profile

8635 Highland Dr Sandy, UT 84093

OFF-MARKET
Drive through restaurants
Property ID
US86-0064051
3,791 SF 0.48 ac lot Built 2000
Individually Owned 25-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional freestanding restaurant building, located at 8635 S Highland Dr in Sandy, Utah, presents a unique investment opportunity. Boasting 3,791 square feet, this second-generation restaurant space is ideally situated in a high-traffic area with excellent visibility. The property includes a valuable drive-thru, a significant advantage for quick-service restaurants. Priced at $1,800,000, the asking price equates to $474.81 per square foot. The building is part of a grocery-anchored center, ensuring consistent foot traffic and a strong customer base. Its location on Highland Drive in Sandy, within Salt Lake County (zip code 84093), offers unparalleled access and exposure. This owner-user opportunity is perfect for an established restaurant looking to expand or a new concept seeking a turnkey location with existing infrastructure. The property's size and features make it suitable for a variety of restaurant types. Don't miss this chance to acquire a thriving restaurant space in a prime Sandy location.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction WOOD FRAME
Total area 3,791 SF
Lot 0.48 ac (20,909 SF)
Zoning code CN
APN 28-03-102-054
UPID US86-0064051

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

8635 Highland Dr Sandy, UT 84093-1695
Sandy metro Census 112615 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

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
$18.00M

Owner & transaction history

since 2001
4 recorded transactions
2001
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CN · Sandy, UT
Zoning description

This district is established to allow for the creation of commercial centers to serve the convenience shopping and service needs of neighborhood areas of Sandy City within planned commercial centers, The Neighborhood Com…

General category COMMERCIAL

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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