REDUCED PRICE. Pleasant Grove Town Center presents a fully leased, two-tenant retail asset in a high-growth corridor of Pleasant Grove, Utah. The property is offered at $3,500,000 with a 5.8% cap rate and delivers a strong investment outlook anchored by two established tenants on new five-year leases with options. Featuring two drive-thru lanes, the building is positioned to meet the growing demand for convenience within a dense residential and expanding commercial trade area.
Located along Pleasant Grove Boulevard with easy access to I-15, this property benefits from excellent visibility and connectivity to major regional arterials. The surrounding area is an established hub of retail, dining, and entertainment, complemented by significant new developments, including over 200 apartment units under construction nearby. Built in 2025, the building offers contemporary design and construction quality, ensuring minimal near-term maintenance requirements. This asset combines stable, long-term income with strategic positioning in Utah County’s dynamic market.