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705 S 500 E 4,400 SF of Retail Space Available in American Fork, UT 84003
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,400 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Positioned at one of the most highly visible and trafficked freeway exits in Utah County, 705 S 500 E offers a rare opportunity to acquire a freestanding restaurant building with a fully built-out, restaurant-ready kitchen just off I-15 (Exit 180) in American Fork. The property sits adjacent to Veterans Memorial Highway and the I-15 interchange, benefiting from exceptional exposure and visibility to both freeway and arterial traffic. Daily traffic counts in the immediate area exceed 198,000 vehicles per day on I-15 and approximately 21,000 vehicles per day along S 500 E, creating strong branding, signage, and drive-by awareness that is extremely difficult to replicate. The building totals approximately 4,490 SF on a 0.60-acre parcel with ample on-site parking, making it well-suited for a wide range of restaurant concepts including full-service, quick-service, fast casual, or specialty dining. The existing layout and infrastructure significantly reduce time-to-open for an owner-user or investor repositioning the asset. Location Description Surrounded by dense retail, automotive, and service-oriented commercial uses, the site benefits from strong daytime population, regional draw, and a highly desirable freeway exit that serves both local and interstate traffic. This is a turnkey restaurant real estate opportunity in a supply-constrained corridor with limited freestanding restaurant inventory. Ideal for: Owner-users, restaurant groups, or investors seeking a highly visible retail asset with long-term demand fundamentals.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 705 S 500 E, American Fork, UT 84003
- Tenant
- Description
- US Locations
- Reach
- Sushi House
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Sushi House | Restaurant | 1 | - |
Property Facts
| Total Space Available | 4,400 SF | Gross Leasable Area | 4,400 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Restaurant | Parking Ratio | 9.55/1,000 SF |
| Total Space Available | 4,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,400 SF |
| Year Built | 1999 |
| Parking Ratio | 9.55/1,000 SF |
About the Property
Positioned at one of the most highly visible and trafficked freeway exits in Utah County, 705 S 500 E offers a rare opportunity to acquire a freestanding restaurant building with a fully built-out, restaurant-ready kitchen just off I-15 (Exit 180) in American Fork. The property sits adjacent to Veterans Memorial Highway and the I-15 interchange, benefiting from exceptional exposure and visibility to both freeway and arterial traffic. Daily traffic counts in the immediate area exceed 198,000 vehicles per day on I-15 and approximately 21,000 vehicles per day along S 500 E, creating strong branding, signage, and drive-by awareness that is extremely difficult to replicate. The building totals approximately 4,490 SF on a 0.60-acre parcel with ample on-site parking, making it well-suited for a wide range of restaurant concepts including full-service, quick-service, fast casual, or specialty dining. The existing layout and infrastructure significantly reduce time-to-open for an owner-user or investor repositioning the asset. Surrounded by dense retail, automotive, and service-oriented commercial uses, the site benefits from strong daytime population, regional draw, and a highly desirable freeway exit that serves both local and interstate traffic. This is a turnkey restaurant real estate opportunity in a supply-constrained corridor with limited freestanding restaurant inventory. Ideal for: Owner-users, restaurant groups, or investors seeking a highly visible retail asset with long-term demand fundamentals.
- Signage
Nearby Major Retailers
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705 S 500 E
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