172 S PLEASANT GROVE BLVD, Pleasant Grove, UT 84062
PLEASANT GROVE TOWN CENTER · Utah County
Key Facts
Description
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 Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2025
Living Area
3,857 sq ft
Lot Size
0.67 acres
Lot Dimensions
0.0x0.0x0.0
Ownership
Agent Owned
Zoning
Commercial
MLS® Listing#
2168283
Property Features
Cooling
Heating
Roof
Financial Details
HOA
None
Annual Taxes
$15,000
Parcel Number
14-056-0057
Affordability Calculator
$650,000
Estimated monthly payment
$17,298/mo
Principal $2,600,000 · Est. interest $3,627,231 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Pleasant Grove, UT
- $582,222
- Median Listing Price
- 68
- Median Days on Market
- 2,483
- Median Sq Ft
- $242
- Median Price / Sq Ft
- 186
- Active Listings
- This home’s price is 458% above the area median.
- Its price per sq ft is 248% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Pleasant Grove, UT.
Location
Points of Interest in Pleasant Grove, UT
Showing the Pleasant Grove area map.
Nearby Schools
Mount Mahogany School
Elementary · 0.6 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 0.6 mi away
Spectrum Academy
School · 0.7 mi away
John Hancock Charter School
Elementary · 0.8 mi away
Liahona Preparatory Academy
School · 1.0 mi away
Pleasant Grove Junior High School
Secondary · 1.1 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 1.1 mi away
Central Elementary School
Elementary · 1.1 mi away
Grovecrest Elementary School
Elementary · 1.2 mi away
Athenian Academy
School · 1.3 mi away
Odyssey Charter School
Elementary · 1.3 mi away
Manila Elementary School
Elementary · 1.4 mi away
Alpine Adult Education
School · 1.4 mi away
Dan W. Peterson
School · 1.5 mi away
Polaris High School
Secondary · 1.5 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 1.5 mi away
Barratt Elementary
Elementary · 1.5 mi away
Pleasant Grove High School
Secondary · 1.5 mi away
The Church of Jesus Christ of Latter-Day Saints
School · 1.7 mi away
Valley View Elementary School
Elementary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1293 W 4275 N 120, Pleasant View, UT | $2,379,000 | 5 | 7 | 8,447 |
| 4180 ALDER DR, Pleasant View, UT | $2,400,000 | 7 | 7 | 9,772 |
| 1515 E 200 S, Pleasant Grove, UT | $2,535,000 | — | — | — |
| 1525 E 200 S, Pleasant Grove, UT | $2,999,000 | 3 | 4 | 1,677 |
| 4275 N 500 W, Pleasant View, UT | $3,900,000 | 6 | 5 | 8,377 |
| Mt Pleasant, UT | $4,000,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Pleasant Grove
Listing Courtesy: Real Broker, LLC - 8016612166
Last Updated: 2026-06-19