28-50 East 2100 South Salt Lake City, UT

Listing Agency Colliers | Utah County Show Phone

Listed by Jereme Snyder · License #01809955 Show Phone

Source Moodyscre

Added: Apr 18, 2025 Checked: Jul 20 at 3:20 am

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Investment Insights

Based on property information with market context.

This commercial property in South Salt Lake City, UT, presents an opportunity to acquire an In-N-Out Burger location. The new construction building is 3,860 square feet and includes a drive-thru, situated on a 1.58-acre parcel. The property is located at the hard corner signalized intersection of S Main Street and 2100 South, with a combined traffic count exceeding 66,100 vehicles per day. It is also near Interstate 15 (with over 311,000 vehicles per day) and Interstate 80 (with over 136,000 vehicles per day). Nearby retailers include The Home Depot, Costco, WinCo Foods, McDonald’s, Raising Cane’s, Chipotle, Jack in the Box, and Starbucks. The property features a brand new 20-year absolute NNN ground lease with four 5-year option periods and 10% rent increases every 5 years. Additional billboard revenue is generated, and there are no landlord responsibilities. The location is in the Salt Lake City MSA, which has a population exceeding 1.26 million.

Key Highlights

• Brand new 20‑year absolute NNN ground lease with corporate guarantee.
• Located at a high‑traffic hard corner with over 66,100 VPD.
• 10% rent increases every 5 years.

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FAQs

What type of property is this?

Drive through restaurant - New 20-year NNN lease with rent increases and billboard revenue.

Where is this drive through restaurant located?

The property is located at 28-50 East 2100 South Salt Lake City, UT.

What is the asking price?

The asking price for this property is $10,215,000.

What are key features of this property?

This property features: Brand new 20‑year absolute NNN ground lease with corporate guarantee.; Located at a **high‑traffic hard corner** with over 66,100 VPD.; **10% rent increases every 5 years.**