7321 S Canyon Center Pky - Retail FOR SALE


Cottonwood Heights, UT 84121
$15,000,000 USD
801-815-5765
7321 S Canyon Center Pky, Cottonwood Heights, UT for Sale
$15,000,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

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7321 S Canyon Center Pky
Cottonwood Heights, UT 84121


HIGHLIGHTS

  • Grease Trap
  • Hood Vent
  • Restaurant

OVERVIEW

A rare opportunity to acquire or lease one of Salt Lake County's most distinctive trophy hospitality properties. This property represents an exceptional combination of premier real estate, high-end improvements, strategic location, and irreplaceable hospitality infrastructure. Ideally positioned with convenient freeway access and minutes from Utah's world-renowned ski destinations-including Snowbird, Alta, Solitude, and Brighton-the property occupies a highly desirable location serving one of the region's most affluent and sought-after demographics. New luxury condominiums, planned upscale apartments, and a Marriott hotel within walking distance further strengthen the property's long-term positioning and provide a compelling mix of affluent local clientele, destination diners, business travelers, and year-round visitors. The building features expansive windows, abundant natural light, and dramatic views. The improvements have been thoughtfully executed to deliver both efficiency and an elevated guest experience. The property is fully turnkey, anchored by a state-of-the-art commercial kitchen and hospitality infrastructure that would be difficult and costly to replicate today. The expansive floor plan includes multiple large dining areas, private dining rooms, bar, and sophisticated lounge spaces. This diversity creates significant optionality for fine dining, private events, corporate functions, entertainment, experiential hospitality concepts, or a flagship operation for a regional or national hospitality group. The property has 57 dedicated parking stalls, supplemented by substantial underground parking, an increasingly valuable amenity for a destination hospitality asset of this caliber. Business assets, distilling equipment, and barrel-aged spirits inventory are available for negotiation, creating the opportunity to acquire not only an exceptional real estate asset, but also the infrastructure and components of an established, highly differentiated hospitality destination. The combination of scarcity, location, significant existing improvements, affluent demographics, surrounding luxury development, and proximity to Utah's world-class mountain resorts, this offering represents a truly unique acquisition or leasing opportunity.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$883 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

3.95 AC

LAND SF

172,062 SF

ZONING

MU ZC

APN/PARCEL ID

22-25-181-015-0000

ASK ABOUT THIS PROPERTY

Tyler ParrishAlign Complete Real Estate ServicesMore Info
801-815-5765

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Tyler ParrishAlign Complete Real Estate ServicesMore Info
801-815-5765

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