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McDonald's Absolute NNN Property
New
For Sale
$3,200,000

1096 North Redwood Road North Salt, North Salt Lake, UT 84054

Brand-new drive-through construction occupies a hard-corner site with access from two streets.

Property Size4,515 SF
Days on Market2

Property Features for 1096 North Redwood Road North Salt

General Information

Standard status Active
Size 4,515 SF
Property subtype Retail
Net Operating Income $120,000

Building Details

Building Size 4,515 SF
Year Built 2026
Listing Agency: Faris Lee Investments
Listed By: Jeff Conover · License #CalDRE #01008195
Source: Farislee
Added: Sep 26 Last Checked: Sep 26 at 2:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments

Investment Insights

Based on property information with market context.

This McDonald’s property includes new drive-through construction completed in 2026. McDonald’s funded and completed construction of the premises. The property is subject to a 20-year corporate absolute NNN ground lease, with 10% rental increases every five years during the primary term and option periods.

The hard-corner site encompasses 1.54 acres and provides access from two streets. It is near Salt Lake City International Airport, which is cited at 28 million passengers per year, and Interstate 15, providing regional connectivity.

Key Highlights

  • McDonald’s is the corporate tenant, with an S&P BBB+ credit rating
  • 20‑year corporate absolute NNN ground lease
  • 10% rental increases every five years through the primary term and options

Property Analytics

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Current Use

North Salt Lake ... Metal Fabrication Plant America Auto Outlet ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Home Improvements & Furnishings 43% Beauty & Spa 12%
Lee's Ace Hardware Home Improvements & Furnishings
4,219 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
1,590 visits/mo 0.5 miles
Sinclair Shops & Services
1,588 visits/mo 0.2 miles
Extra Space Storage Shops & Services
1,255 visits/mo 0.2 miles
Supercuts Beauty & Spa
1,148 visits/mo 0.5 miles

Demographics for 84054, UT

21,552
Population
7,658
Households
2.8
Avg Household Size
31
Median Age
41%
College-Educated
94%
High-School Grad
8.6 sq mi
ZIP Area
2,506
Density / Sq Mi
$107,889
Median Household Income
$50,071
Median Earnings
$1,648
Median Rent
$472,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brand-new drive-through construction occupies a hard-corner site with access from two streets.
Where is this nnn property located?
The property is located at 1096 North Redwood Road North Salt North Salt Lake, UT.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: McDonald’s is the corporate tenant, with an S&P BBB+ credit rating; 20‑year corporate absolute NNN ground lease; 10% rental increases every five years through the primary term and options
More about this property
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