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Restaurant

Starbucks | Brand New 2024 Construction | 10 Year Corporate-Guaranteed NNN Lease

5546 S 5600 W, West Valley City, UT 84118

Listing Price: $2,695,930

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
2,357
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.77

Investment Overview

Marcus & Millichap is pleased to present a newly constructed freestanding Starbucks drive-thru located along 5600 West (SR-172), one of West Valley City’s most heavily trafficked north–south arterials. The site benefits from exceptional visibility, strong commuter flow, and proximity to major employment centers including Salt Lake City International Airport, Downtown Salt Lake City, and the region’s extensive industrial and logistics corridor.

The asset is secured by a corporate-guaranteed NNN lease, providing stable, predictable income backed by Starbucks Corporation—one of the world’s most recognized and financially robust specialty coffee brands. Scheduled 10% rent increases every five years offer built-in income growth and long-term inflation protection. Landlord responsibilities are limited to roof and structure, supported by a 20-year roof warranty, minimizing near-term capital exposure.

West Valley City is one of the fastest-growing submarkets within the Salt Lake City MSA, supported by strong demographics, high household incomes, and significant ongoing development. Major catalysts—including the planned 800,000 SF University of Utah West Valley Hospital, multiple new residential communities, and large-scale industrial parks—continue to drive population growth, employment expansion, and daily consumer traffic.

This Starbucks represents a rare opportunity to acquire a corporate-backed, long-term NNN drive-thru asset in a high-growth Utah market with exceptional fundamentals and durable demand drivers.

Investment Highlights

  • Freestanding Drive-Thru Positioned Along 5600 West (SR-172), A Major Arterial With ±18,492 VPD
  • Direct Connectivity To SR-201 and Interstate 215, Supporting Strong Commuter Traffic Across the Salt Lake Valley
  • Surrounded By National Retailers Including Costco, Walmart Neighborhood Market, Dutch Bros, VASA Fitness, Walgreens, And Smith's
  • Dense and Growing Residential Base Across West Valley City, Kearns, and Taylorsville

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Restaurant

Starbucks | Brand New 2024 Construction | 10 Year Corporate-Guaranteed NNN Lease

Listing Price: $2,695,930

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
2,357
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$65.77

Investment Highlights

  • Freestanding Drive-Thru Positioned Along 5600 West (SR-172), A Major Arterial With ±18,492 VPD
  • Direct Connectivity To SR-201 and Interstate 215, Supporting Strong Commuter Traffic Across the Salt Lake Valley
  • Surrounded By National Retailers Including Costco, Walmart Neighborhood Market, Dutch Bros, VASA Fitness, Walgreens, And Smith's
  • Dense and Growing Residential Base Across West Valley City, Kearns, and Taylorsville

Investment Overview

Marcus & Millichap is pleased to present a newly constructed freestanding Starbucks drive-thru located along 5600 West (SR-172), one of West Valley City’s most heavily trafficked north–south arterials. The site benefits from exceptional visibility, strong commuter flow, and proximity to major employment centers including Salt Lake City International Airport, Downtown Salt Lake City, and the region’s extensive industrial and logistics corridor. The asset is secured by a corporate-guaranteed NNN lease, providing stable, predictable income backed by Starbucks Corporation—one of the world’s most recognized and financially robust specialty coffee brands. Scheduled 10% rent increases every five years offer built-in income growth and long-term inflation protection. Landlord responsibilities are limited to roof and structure, supported by a 20-year roof warranty, minimizing near-term capital exposure. West Valley City is one of the fastest-growing submarkets within the Salt Lake City MSA, supported by strong demographics, high household incomes, and significant ongoing development. Major catalysts—including the planned 800,000 SF University of Utah West Valley Hospital, multiple new residential communities, and large-scale industrial parks—continue to drive population growth, employment expansion, and daily consumer traffic. This Starbucks represents a rare opportunity to acquire a corporate-backed, long-term NNN drive-thru asset in a high-growth Utah market with exceptional fundamentals and durable demand drivers.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

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