2319 N 400 W - Freestanding FOR SALE


Provo, UT 84604- Riverside
$3,088,451 USD
435-881-7294
2319 N 400 W, Provo, UT for Sale
$3,088,451 USD
Freestanding - FOR SALE
1/7
null | 5.75% Cap Rate

2319 N 400 W
Provo, UT 84604
Riverside


HIGHLIGHTS

  • 3,980 SF
  • NNN Investment Property
  • Two Tenant Retail Building
  • 100% Occupied
  • Adjacent to Over 400 New Class A Rental Units
  • Located Between BYU & UVU (~84,000 Students)

OVERVIEW

Anderson CRG is pleased to present the exclusive listing of a 100% occupied, two-tenant NNN retail building located at 2319 N 400 W in Provo, UT. This turnkey investment opportunity offers investors immediate, passive income with minimal management responsibilities, as tenants are responsible for taxes, insurance, and maintenance under the triple-net lease structures. The property is tenanted by two established, consumer-proven food and beverage concepts — Parlor Doughnuts, a fast-growing specialty craft doughnut and coffee brand with a rapidly expanding national presence, and MOOYAH Burgers, Fries & Shakes, a well-recognized fast-casual burger chain with a loyal following and proven track record across hundreds of locations nationwide. Together, the two tenants generate consistent daily traffic and complementary daypart coverage, from morning doughnut runs to lunch and dinner burgers, strengthening the overall performance of the River's Edge on University shopping center. Provo benefits from exceptional demographics, driven by the presence of Brigham Young University and Utah Valley University, and one of the fastest-growing populations in the United States. The subject property's position along the University Parkway corridor offers convenient access for the surrounding residential base and commuter traffic alike. This offering represents a rare opportunity to acquire a stabilized, income-producing retail asset in a high-growth Utah market, backed by two recognized tenants under landlord-favorable, passive NNN lease structures. Inquire for additional details. Tenant info and rent roll included on the offering memorandum (OM).

FOR SALE DETAILS

PRICE

$3,088,451 USD

PRICE/SF

$618 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Investment Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

SC3

APN/PARCEL ID

51-733-0008

ASK ABOUT THIS PROPERTY

Caden BryanAnderson CRGMore Info
435-881-7294

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Caden BryanAnderson CRGMore Info
435-881-7294

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