3526 W 1940 N - Storefront FOR SALE


Lehi, UT 84043- Silicon Slopes | 
$4,070,000 USD
650-678-7200
3526 W 1940 N, Lehi, UT for Sale
$4,070,000 USD
Storefront - FOR SALE
1/2
null | 6% Cap Rate

3526 W 1940 N
Lehi, UT 84043
Silicon Slopes


HIGHLIGHTS

  • 100% occupied three-tenant retail building
  • 2024 construction with endcap drive-thru
  • Little Caesars & Wingstop both operated by Sizzling Platter (over $1 billion in annual revenue)
  • Founded in 1963 with over 60 years of operating history, growing from a single Sizzler location into a 750+ unit, multi-brand franchise platform
  • Brands under their operating umbrella include Little Caesars, Wingstop, Jersey Mike’s, Dunkin’, Jamba, Sizzler, Red Robin, and Cinnabon
  • $164,000 average household incomes within a 3-mile radius of the subject property

OVERVIEW

A premier retail strip development in Lehi, an affluent residential trade area boasting average household incomes of $163,000 within a 3-mile radius of the subject property. The tenants here include Little Caesars and Wingstop, which are both operated by Sizzling Platter – a 750+ unit franchisee operator in the U.S. and Mexico that generates well over $1 billion in annual revenue.

FOR SALE DETAILS

PRICE

$4,070,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Caesars / Wingstop Strip

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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