72 N 850 E - Restaurant FOR SALE


Lehi, UT 84043- Silicon Slopes
$6,980,000 USD
801-833-2817
72 N 850 E, Lehi, UT for Sale
$6,980,000 USD
Restaurant - FOR SALE
1/59
null | Request Cap Rate


HIGHLIGHTS

  • Located in one of Utah’s fastest-growing submarkets with strong population and household growth projections
  • Immediate access to major transportation corridors including I-15, UT-73, and Main Street
  • Exposure to ±173,000 vehicles per day along nearby Veterans Memorial Highway
  • Business and real estate offered together in a single acquisition
  • Established hibachi-style dining concept with strong brand recognition and repeat customer base
  • Experience-driven model supporting higher average ticket and group dining revenue

OVERVIEW

Tepanyaki Japanese Steakhouse & Sushi Bar presents a rare opportunity to acquire both a proven, full-service restaurant business and the underlying real estate in one of Utah’s fastest-growing corridors. This offering combines an established, revenue-generating hibachi-style dining concept with ownership of the 5,287-square-foot freestanding building situated on approximately 1.37 acres. The restaurant delivers an engaging, tableside culinary experience that drives strong customer loyalty, repeat visitation, and premium ticket averages, supported by a diverse menu of steak, seafood, and sushi. Strategically positioned at a signalized intersection with frontage on Main Street and 850 East, the property benefits from excellent visibility, strong traffic exposure, and convenient access. Additional features include 86 surface parking spaces, pylon signage, and freeway visibility, all contributing to consistent customer flow and brand recognition. Built in 2000 and well maintained, the asset is ideally suited for continued restaurant operation or repositioning. Located within Lehi’s dynamic growth corridor, the property is surrounded by expanding residential and commercial development and benefits from proximity to the Silicon Slopes tech hub. The combined sale of both the operating business and real estate provides a compelling owner-user or investor opportunity to capitalize on sustained population growth, strong demographics, and an experience-driven dining concept with proven market demand.

FOR SALE DETAILS

PRICE

$6,980,000 USD

PRICE/SF

$1,320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Established Restaurant & Real Estate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

-

APN/PARCEL ID

45-224-0006

ASK ABOUT THIS PROPERTY

Tyler CarlisleApex Commercial - KW South Valley Keller WilliamsMore Info
801-833-2817

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Tyler CarlisleApex Commercial - KW South Valley Keller WilliamsMore Info
801-833-2817

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