REBusinessOnline

Evergreen Devco Sells 5,500 SF Retail Center in Utah for $3.1M

855-W-State-St-Pleasant-Grove-UT

Beans & Brews Coffee House, Mo’ Bettahs Hawaiian-Style restaurant and Dough Co. are tenants at the retail center at 855 W. State St. in Pleasant Grove, Utah.

PLEASANT GROVE, UTAH — Evergreen Devco has completed the disposition of a newly developed retail center, located at 855 W. State St. in Pleasant Grove. Pinot Pasadena Land Co. acquired the property for $3.1 million.

The 5,500-square-foot, multi-tenant retail space was 100 percent occupied. Tenants include Mo’ Bettahs Hawaiian Style restaurant, Beans & Brews Coffee House and Dough Co., which is slated to open this spring.

Evergreen originally purchased the 1-acre site in June 2018 and completed the retail center in November 2018. The project team included Utah-based Rimrock Construction and architect Farnsworth Group.

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