Freestanding Drive-Through
For Sale
Contact for pricing
1499 S State St, Salt Lake City, UT 84115
Existing drive-through improvements, corner positioning, and an active lease support continued restaurant operations.
Property SizeContact for details
Days on Market132
Property Features for 1499 S State St
General Information
Standard status
Active
Total Parking Spaces
20
Property subtype
Retail
Net Operating Income
$68,921
Additional Details
Cap Rate
5.1%
Drive-Thru
Yes
Listing Agency:
InterNet Properties Inc
(801) 879-7870
Listed By:
Chris Metos · License #8228033-SA00
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 10:53AM
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 InterNet Properties Inc
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes an existing drive-through and 20 on-site parking stalls, including 1 ADA stall. The asset is currently leased, with the lease scheduled to expire January 31, 2029, and no options in place. An in-place CAP rate of 5.1% adds a measurable investment metric for review.
The property occupies a hard corner at 1499 S State St in Salt Lake City, with reported traffic of 25,000+ cars per day along State Street. Its drive-through configuration and dedicated parking provide established site features for restaurant use.
The property occupies a hard corner at 1499 S State St in Salt Lake City, with reported traffic of 25,000+ cars per day along State Street. Its drive-through configuration and dedicated parking provide established site features for restaurant use.
Key Highlights
- Existing drive‑through restaurant improvements
- 25,000+ cars/day reported along State Street
- Hard‑corner position at 1499 S State St, Salt Lake City, UT 84115
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 35%
McDonald's
Dining
21,897 visits/mo
0.0 miles
SONIC Drive In
Dining
13,374 visits/mo
0.4 miles
Maverik Adventures First Stop
Shops & Services
8,630 visits/mo
0.5 miles
Arby's
Dining
7,365 visits/mo
0.2 miles
Shell
Shops & Services
4,626 visits/mo
0.2 miles
Demographics for 84115, UT
27,588
Population
13,899
Households
2
Avg Household Size
33
Median Age
33%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
4,523
Density / Sq Mi
$61,505
Median Household Income
$43,785
Median Earnings
$1,263
Median Rent
$396,200
Median Home Value
Market
Vacancy Rate% for Retail in Salt Lake City, UT
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Existing drive-through improvements, corner positioning, and an active lease support continued restaurant operations.
Where is this drive through restaurant located?
The property is located at 1499 S State St Salt Lake City, UT.
What are key features of this property?
This property features: Existing drive‑through restaurant improvements; 25,000+ cars/day reported along State Street; Hard‑corner position at 1499 S State St, Salt Lake City, UT 84115
