5025 S Highland Dr E, Holladay, UT 84117

Property Description

Positioned within Holladay's expanding high-density residential corridor, this approximately .43-acre (18,834 SF) C-2 commercial development site is strategically located to serve one of the area's fastest growing residential populations and the increasing demand for neighborhood retail and dining . The surrounding area has experienced significant multifamily development in recent years, with hundreds of existing and newly constructed residential units within the immediate trade area. National retailers including Trader Joe's, Chipotle, and Chase Bank have recently established nearby locations, cementing the corridor as one of Holladay's premier destinations for neighborhood serving retail and restaurant development and validating the area's exceptional demographic momentum. The property includes an approved concept plan for an approximately 10,000 SF mixed-use building featuring a ground floor restaurant and 29 parking stalls. Holladay City previously approved a reduced parking ratio in recognition of the area's walkability and surrounding residential density. PROPERTY HIGHLIGHTS Excellent visibility along Highland Drive Surrounded by Significant Existing & New Multifamily Development National Companies like Trader Joes, Chipotle, and Chase Bank are establishing new locations in the area. Stubbed Utilities Clean Phase 1 Environmental Report Previously approved 10,000 SF mixed-use concept Reduced parking ratio previously accepted by Holladay City All information has been provided by Seller as a courtesy and is deemed reliable but not guaranteed. Buyer and Buyer's Agent are advised to independently verify all information, including but not limited to square footage, acreage, zoning, financial information, condition, permits, intended use, and all other material facts prior to closing