3633 N Thanksgiving Way
Lehi, UT 84043
Del Taco-Lehi · Retail Property For Sale

STRONG AND EXPERIENCED OPERATOR: This Del Taco restaurant is operated by Utah Del, Inc. They have been in business for nearly 20 years and operate over 35 stores throughout Utah and Nevada. LONG-TERM ABSOLUTE NET LEASE: Del Taco has occupied this building since it was built in 2009. There are 10 years remaining on a 20-year NNN lease and requires no landlord responsibilities. HIGH TRAFFIC COUNTS: The subject property is located on the west side of I-15 with traffic counts exceeding 126,475 AADT (2017) and located along 3500 N, right at the Thanksgiving Point off-ramp with traffic counts of 22,845 AADT (2017). STRONG DEMOGRAPHICS: The population is 44,826 people within a 3-mile radius and projected to grow to 50,957 (13.68%) by 2024. The median household income within the 3-mile radius is $95,772 with an average household size of 3.80 (national average is 2.53). LOCATED IN THE HEART OF “SILICON SLOPES”: Starting in the 1980s and throughout the 1990s, the valley became one of the entrepreneurial hot spots of the nation and, in particular, has become a Mecca for high-tech, computer-related companies. With more than 6,500 startup and tech companies in Utah, the City of Lehi specifically and Utah County as a whole have come to be known as Silicon Slopes.