2840 W Clubhouse Dr - Retail FOR SALE


Lehi, UT 84043- Silicon Slopes
$2,960,000 USD
415-604-4288
2840 W Clubhouse Dr, Lehi, UT for Sale
$2,960,000 USD
Retail - FOR SALE
1/10
null | 5.65% Cap Rate

2840 W Clubhouse Dr
Lehi, UT 84043
Silicon Slopes


HIGHLIGHTS

  • New 10-year absolute NNN lease to Oil Changers, a leading national oil change brand with 200+ locations across North America
  • 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand
  • In February 2025, Valvoline (NYSE: VVV) announced its $625 million acquisition of Breeze Autocare, parent of Oil Changers, adding nearly 200 stores
  • Recently renovated 2,483 SF facility built in 2025, tailored to Oil Changers’ operational needs for quick oil change services

OVERVIEW

Prime Retail Location: High-visibility and easily accessible location near the signalized intersection of West Club House Drive and Ashton Boulevard (combined 25,000+ AADT). Reliable Tenancy: Corporate-backed lease by Oil Changer Holding Corporation provides investor confidence in a proven automotive service brand. Strong Demographic Base: The five-mile radius serves a populousregion of 166,706, with an average annual household income of $170,247. Prime Lehi Location: Excellent proximity to Mountainland Technical College – Lehi (3,758 students) and one mile from Lehi’s largest employer, Adobe (apprx. 2,200 employees). Zero Management Responsibilities: Absolute NNN lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Oil Changers and Lehi for steady concurrent growth.

FOR SALE DETAILS

PRICE

$2,960,000 USD

PRICE/SF

$1,355 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oil Changers | Salt Lake City MSA

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,748 SF

ZONING

C

APN/PARCEL ID

53-486-0002

ASK ABOUT THIS PROPERTY

Scott CrowleCushman & WakefieldMore Info
415-604-4288

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Scott CrowleCushman & WakefieldMore Info
415-604-4288

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