Hanley Arranges $3.2M Sale of Single-Tenant Property Leased to Café Rio in Salt Lake City

by Amy Works

SALT LAKE CITY — Hanley Investment Group Real Estate Advisors has arranged the $3.2 million sale of a 2,513-square-foot, single-tenant building leased to Café Rio in Salt Lake City’s Sugar House district.

The building is a renovated Carl’s Jr. property with a drive-thru.

Jeremy McChesney and Dylan Mallory of Hanley Investment Group represented both the buyer and seller in the off-market transaction. The buyer was a private investor from the San Francisco Bay Area, and the seller was a private investor based in Salt Lake City.

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