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114 S 850 E
Lehi, UT 84043
Top Stop · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with no landlord responsibilities — truly passive ownership structure.
- ±9.7 years remaining with 10% rent increases every 5 years and three 5-year options.
- 205,000+ residents within 5 miles; population projected to exceed 237,000.
- Wind River Petroleum guarantor with 35+ years of experience and 30+ locations in UT & ID.
- Located in Lehi along I-15 corridor — one of Utah's fastest-growing Silicon Slopes markets.
- Average household income of approximately $165,000 within the 5-mile trade area.
Executive Summary
Broker of Record
Kyle Matthews
License # 10074491-PB00, 10074529-CN00 (UT)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 10074491-PB00, 10074529-CN00 (UT)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,466 SF
Building Class
B
Year Built
1996
Price
$2,772,000
Price Per SF
$428.70
Cap Rate
5.50%
NOI
$152,460
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.25 AC
Zoning
CR
Parking
30 Spaces (4.64 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 45-214-0008 | Improvements Assessment | $818,200 |
| Land Assessment | $1,472,400 | Total Assessment | $2,290,600 |
Property Taxes
Parcel Number
45-214-0008
Land Assessment
$1,472,400
Improvements Assessment
$818,200
Total Assessment
$2,290,600
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