2204 Hudson Ave - Restaurant FOR SALE


Lehi, UT 84043- Silicon Slopes
$4,404,000 USD
801-666-4273
2204 Hudson Ave, Lehi, UT for Sale
$4,404,000 USD
Restaurant - FOR SALE
1/5
null | 5.15% Cap Rate

2204 Hudson Ave
Lehi, UT 84043
Silicon Slopes


HIGHLIGHTS

  • I-15 and Timpanogos Highway Frontage
  • Proximity to major developments

OVERVIEW

This brand new Panera Bread in Lehi, Utah is backed by a 10-year NNN lease with 10% rent increases every five years and three five-year renewal options. The tenant, American Bread Company, is a well-established 45-unit Panera franchisee with strong operational experience. The 3,844 SF building includes a full drive-thru and sits on a 1.17-acre hard-corner parcel with signalized access and direct I-15 frontage, seeing over 200,000 vehicles per day. Positioned in a high-performing retail corridor alongside Chick-fil-A, Starbucks, Harmons, and Traverse Mountain Outlets, the site benefits from exceptional visibility and traffic. Located within Utah’s Silicon Slopes—one of the fastest-growing tech corridors in the country—this investment is supported by strong demographics, including a median household income exceeding $128,000, and ongoing residential and commercial development. This offering presents a stable, passive income opportunity in a prime, growth-oriented market.

FOR SALE DETAILS

PRICE

$4,404,000 USD

PRICE/SF

$1,146 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lehi Pointe Panera

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C

APN/PARCEL ID

67-185-0103

ASK ABOUT THIS PROPERTY

Sage ShepardColliersMore Info
801-666-4273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sage ShepardColliersMore Info
801-666-4273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.