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Drive-Through Restaurant

248 W Center N, Salem, UT 84653

For Lease
$1,550,000
Pending

Indoor dining and a drive-through window support two customer service formats.

Space Size4,054 SF
Days on Market22

Property Features for 248 W Center N

General Information

Standard status Pending
Size 4,054 SF
Net Rentable 4,054 SF
Property subtype Commercial Sale Commercial Lease
Zoning Commercial

Space & Availability

Available Space 4,054 SF
Contiguous Space 4,054 SF
Space Use Restaurant

Site & Location

Drive-Thru Yes
Highway Access Yes

Additional Details

Lease Term 36 months
Second-Generation Restaurant Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $7,831

Amenities

Concrete
Yes
No
Floor Drains,Cold Storage,Dishwasher,Kitchen,Refrigerator,Restroom: Public,Sprinkler System Fire
Fixtures,Furniture,Real Estate
0.69
0.0x0.0x0.0
0.0
4054.0

Building Details

Building Size 4,054 SF
Year Built 1977
Listing Agency: Charles Wixom Realty
Listed By: Sammie Passmore
Source: Whiteoakhomes
Added: Oct 17 Changed: Nov 6 Last Checked: Nov 6 at 9:19AM

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 Charles Wixom Realty

Rey
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Investment Insights

Based on property information with market context.

Stan's Drive In is an operating restaurant with 4,054 square feet of building area. The facility has indoor dining and a drive-through window, along with a kitchen, cold storage, dishwasher, refrigerator, public restroom, floor drains and fire sprinkler system. The building dates to 1977, and the property is zoned Commercial.

At 248 W Center N in Salem, the restaurant is adjacent to Salem Hills High School and Highway 198, which runs through Salem.

Key Highlights

  • 4,054‑square‑foot operating restaurant with indoor dining and drive‑through service
  • Kitchen, cold storage, dishwasher, refrigerator, floor drains and public restroom
  • Fire sprinkler system

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Restaurant Auto Parts Store 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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
5,549 visits/mo 0.3 miles

Demographics for 84653, UT

11,103
Population
3,235
Households
3.4
Avg Household Size
30
Median Age
41%
College-Educated
98%
High-School Grad
16.1 sq mi
ZIP Area
690
Density / Sq Mi
$111,420
Median Household Income
$48,182
Median Earnings
$1,581
Median Rent
$569,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Indoor dining and a drive-through window support two customer service formats.
Where is this drive through restaurant located?
The property is located at 248 W Center N Salem, UT.
What is the lease rate?
The lease rate is $1,550,000.
What are key features of this property?
This property features: 4,054‑square‑foot operating restaurant with indoor dining and drive‑through service; Kitchen, cold storage, dishwasher, refrigerator, floor drains and public restroom; Fire sprinkler system
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