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3526 W 1940 N
Lehi, UT 84043 Silicon Slopes

$4,070,000 USD

Storefront For Sale  •  8,873 SF

Property Details

  • Property Type Storefront
  • Total Building Size 6,124 SF
  • Lot Size 1.35 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 6.00 %
  • Tenancy Multiple
10 Transit Score
20 Walk Score

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

Property Flyers

Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
Lehi Station (FrontRunner - Utah Transit Authority (UTA)) 5 min - 2.1 mi
American Fork Station (FrontRunner - Utah Transit Authority (UTA)) 11 min - 6.4 mi
AirportDriveWalkDistance
Provo Municipal 29 min - 21.6 mi
Salt Lake City International 38 min - 31.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE