1280 N 30 W
Tooele, UT 84074
Applebee's: Tooele, UT · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 4,334-square-foot Applebee’s situated on 1.46 acres in Tooele, Utah which is a vibrant bedroom community located 34 miles southwest of Salt Lake City’s CBD (MSA Population: 1.1 million). Applebee’s recently extended 19-year absolute NNN lease features a 10% increase in Year 6 with 2% annual rent bumps for the remaining initial term and two 10-year renewal options. The property is conveniently located with excellent access and visibility on 1280 North (Traffic Count: 5,650 VPD) just east of Main Street (Traffic Count: 26,235 VPD), which provides access to Downtown Salt Lake City. The property is strategically located immediately adjacent to Rent-A-Center, Carl’s Jr, Papa Johns, Roxberry Juice, AT&T, and across 1280 from a Walmart Supercenter. Applebee’s is situated in the area’s primary retail and commercial corridor with 1.3 MSF of retail, and 1.5 MSF of industrial within a 3-mile radius. Other retailers with a presence in the immediate vicinity include The Home Depot, Albertsons, Jo-Ann Fabrics, Family Dollar, Dollar Tree, UPS Store, Napa Auto Parts, O’Reilly Auto Parts, Big O Tires, Walgreens, Zaxby’s, Taco Bell, Denny’s, Starbucks, Panda Express, and Cold Stone Creamery among many others.