Tepanyaki - 72 North 850 East
72 N 850 East, Lehi, UT | Established Restaurant & Real Estate Opportunity in Utah
Marketing description
Tepanyaki Japanese Steakhouse & Sushi Bar presents a rare opportunity to acquire both a proven, full-service restaurant business and the underlying real estate in one of Utah’s fastest-growing corridors.
This offering combines an established, revenue-generating hibachi-style dining concept with ownership of the 5,287-square-foot freestanding building situated on approximately 1.37 acres. The restaurant delivers an engaging, tableside culinary experience that drives strong customer loyalty, repeat visitation, and premium ticket averages, supported by a diverse menu of steak, seafood, and sushi.
Strategically positioned at a signalized intersection with frontage on Main Street and 850 East, the property benefits from excellent visibility, strong traffic exposure, and convenient access. Additional features include 86 surface parking spaces, pylon signage, and freeway visibility, all contributing to consistent customer flow and brand recognition. Built in 2000 and well maintained, the asset is ideally suited for continued restaurant operation or repositioning.
Located within Lehi’s dynamic growth corridor, the property is surrounded by expanding residential and commercial development and benefits from proximity to the Silicon Slopes tech hub. The combined sale of both the operating business and real estate provides a compelling owner-user or investor opportunity to capitalize on sustained population growth, strong demographics, and an experience-driven dining concept with proven market demand.
Investment highlights
- Unique opportunity to acquire both an operating restaurant business and the underlying real estate, eliminating lease risk and providing full control of the asset
- Established, experience-driven dining concept with consistent demand from families, professionals, and corporate groups
- Located in one of Utah’s fastest-growing submarkets with strong population and household growth projections
- Immediate access to major transportation corridors including I-15, UT-73, and Main Street
- Exposure to ±173,000 vehicles per day along nearby Veterans Memorial Highway
- Proximity to Silicon Slopes and major employers driving daytime and evening demand
- Strong surrounding retail, residential, and commercial development supporting long-term viability
- Group dining and event-based revenue model supports higher per-visit spend and repeat business
- Owner-user flexibility with potential upside through operational optimization or repositioning
- Long-term appreciation potential driven by continued growth in Utah County and Lehi market fundamentals
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