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7307 S CANYON CENTER PKWY, Cottonwood Heights, UT — photo 11 / 16

$4,940,000

7307 S CANYON CENTER PKWY, Cottonwood Heights, UT 84121

Subtype

Retail

Building SF

5,551

$/SF

$890

Lot

0.79 ac

Property Details

Property typeCommercial Sale
SubtypeRetail
Building SF5,551 sqft
Year built2017
Lot size0.79 acres
Current useRetail
Taxes (annual)$31,826
Days on market133
Listed2026-06-12T00:00:00+00:00

Description

An exceptional opportunity for an investor or owner-operator to acquire a premier freestanding restaurant in a thriving area of Cottonwood Heights, one of the Salt Lake Valley's most sought-after locations. Ideally situated with convenient freeway access and just minutes from world-class ski resorts, including Snowbird, Alta, Solitude, and Brighton, the property benefits from strong visibility and a desirable demographic base. The restaurant is surrounded by a new luxury condo community, soon to be built luxury apartments and is within walking distance of a Marriott hotel, providing a steady flow of local and visiting clientele. This beautifully appointed establishment features high-end finishes throughout, including custom marble-topped bars and tables, luxurious seating, a welcoming reception area, an elegant main dining room, private dining space, and inviting patio seating. Expansive windows fill the interior with natural light while showcasing breathtaking mountain views. Designed for efficiency and performance, the restaurant is fully turnkey and equipped with state-of-the-art commercial kitchen infrastructure, including premium walk-in refrigeration and freezer systems. A signature feature of the property is the custom-built sushi and oyster bar cases, designed by renowned craftsman Yoshimasa, complete with integrated refrigeration and custom refrigerated drawers to maintain optimal freshness. Combining an outstanding location, exceptional build quality, and top-tier equipment, this property represents a rare opportunity in one of the area most desirable dining destinations.

Listed by Tyler B Parrish · Align Complete Real Estate Services LLC

Location

7307 S CANYON CENTER PKWY, Cottonwood Heights, UT 84121

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$890

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($139,617)
Effective gross income$398,905/yr
Operating expenses$139,617/yr
Derived NOI$259,288/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/23/2026, 11:45:32 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.