380 N 2000 W - Storefront FOR SALE


Marriott Slaterville, UT 84404
$880,000 USD
801-836-2400
380 N 2000 W, Marriott Slaterville, UT for Sale
$880,000 USD
Storefront - FOR SALE
1/25
null | 5.75% Cap Rate

380 N 2000 W
Marriott Slaterville, UT 84404


HIGHLIGHTS

  • Single-tenant retail property with a drive-thru, built in 2011.
  • Long-term lease in place with GriDeli’s through May 2031.
  • Scheduled rent escalations and consistent income stream.
  • Located near I-15 and Highway 89 with strong regional connectivity.
  • Surrounded by national retailers and high-traffic commercial corridors.
  • Offered at $880,000 with a CAP rate of 5.75%.

OVERVIEW

This single-tenant retail property offers a stable investment opportunity in Marriott-Slaterville, Utah. The building, constructed in 2011, spans 2,016 square feet on a 0.40-acre lot and features a drive-thru, enhancing its operational appeal for quick-service dining. The property is currently leased to GriDeli’s, a well-established local restaurant brand, under a long-term lease expiring in May 2031. The lease includes scheduled rent increases, providing predictable income growth for investors. Located near major transportation routes, including I-15 and Highway 89, the site benefits from strong visibility and accessibility. The surrounding area hosts a dense mix of national retailers, restaurants, and service providers, creating a robust commercial environment. With a CAP rate of 5.75% and a sales price of $880,000, this asset offers an attractive balance of income stability and long-term value in a growing market. Property Information • Parcel# 156050001 • Lot Size: 0.40 Acres • Year Built: 2011 • Building Size: 2016 SF • Drive-Thru • Current Tenant: GriDeli’s • Tenant Lease Exp: May 2031 • CAP Rate: 5.75 Available: 2,016 SF Sales Price: $880,000.00

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,145 SF

ZONING

C-2

APN/PARCEL ID

15-605-0001,15-605-0002

ASK ABOUT THIS PROPERTY

James BullingtonColliersMore Info
801-836-2400

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James BullingtonColliersMore Info
801-836-2400

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