172 PLEASANT GROVE, Pleasant Grove, UT 84062
—BD/—BA Commercial Sale in Pleasant Grove, UT 84062. Built 2025. Listed at $3,250,000. MLS #2168283.
—BD/—BA Commercial Sale in Pleasant Grove, UT 84062. Built 2025. Listed at $3,250,000. MLS #2168283.
$3,250,000
Pleasant Grove Town Center presents a rare opportunity to own a newly constructed, Class A retail asset in one of northern Utah County's fastest-growing commercial corridors. Located at 172 S. Pleasant Grove Blvd., this 3,857-square-foot building features two fully leased retail suites with highly desirable drive-thru capabilities, providing investors with stable income and long-term tenant appeal. Positioned on a prominent 0.67-acre corner site with excellent visibility along Pleasant Grove Boulevard, the property benefits from strong daily traffic counts, convenient access to I-15, and a dense mix of surrounding residential, retail, office, and entertainment uses. More than 200 apartment units are under construction adjacent to the site, further strengthening the area's consumer base and long-term growth potential. Built in 2025, the property offers modern construction, attractive architecture, ample parking, monument signage, and a location within one of Pleasant Grove's most active retail corridors. The combination of drive-thru functionality, high barriers to entry, and continued population growth makes this an exceptional investment opportunity for buyers seeking a high-quality, low-maintenance retail asset in a thriving market. Owner/Agent
Property Type
Commercial Sale
Property Style
Retail
Subdivision
PLEASANT GROVE TOWN CENTER
County
Utah
Zoning
Commercial
Lot Size
0.67 sq ft
Condition
Blt./Standing
MLS #
2168283
Property Type
Commercial Sale
Property Style
Retail
Subdivision
PLEASANT GROVE TOWN CENTER
County
Utah
Zoning
Commercial
Lot Size
0.67 sq ft
Condition
Blt./Standing
MLS #
2168283
List Price
$3,250,000
Annual Taxes
$15,000
Home Warranty
No
List Price
$3,250,000
Annual Taxes
$15,000
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Tar/Gravel
Heating
Forced Air
Cooling
Central Air
Roof
Tar/Gravel
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$539,900
+502% vs median
37 days
85
$295,000 – $2,350,000
$15,000
Low Crime
7.4
per 1,000
17.9
per 1,000
5.5
per 1,000
30.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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