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    261 2100 Expy South Salt Lake, UT 84115

    For Lease
    $20 SF/Yr

    High-traffic retail center, Utah's top corridor.

    Lot size:
    50,811 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents 50,811 square feet of prime commercial space within the Interpointe Shopping Center, located in South Salt Lake, Utah (84115), at 261 W 2100 S Expy. The center boasts a strong tenant mix, anchored by Best Buy, Office Depot, and Carl's Jr., and is surrounded by high-performing retailers including Home Depot, Lowe's, RC Willey, Costco, Sam's Club, PetSmart, Bassett, McDonald's, IHOP, and Chevron—all ranking among Utah's top sales performers. The property sits on 3.12 acres of land and offers ample parking with a ratio of 1.64 spaces per 1,000 square feet. Spaces range from 1,500 to 5,062 square feet, with immediate availability for some units. The center enjoys unparalleled accessibility, situated immediately adjacent to the I-15, I-80, and SR-201 freeways, and features the Central Pointe Light Rail "TRAX" station on-site, providing convenient access to the new Sugar House and West Valley lines. Triple Net (NNN) lease rates are $30 per square foot, with a base rent of $3.95 per square foot. Specific lease terms and availability for Mattress Dealz (available now), OneMain Financial (available December 2024), and Office Depot (available March 2025) are available upon request. This is a rare chance to secure a prominent retail presence in one of Utah's most dynamic commercial areas.

    Property Features for 261 2100 Expy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,811 SF
    Total Rate
    84685

    Unit(s) available at that property

    Space
    Unit 241
    Size
    1,558 SF
    Rate per SF
    $30
    Space
    Unit 237
    Size
    1,608 SF
    Rate per SF
    $30
    Space
    Unit 285
    Size
    5,062 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    South Salt Lake
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8980353
    Latitude
    40.7243147

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail center, Utah's top corridor.
    Where is this retail property located?
    The property is located at 261 2100 Expy South Salt Lake, UT.
    What is the lease rate?
    The lease rate is $20-$30 SF/Yr.
    Request Owner's contact information
    261 2100 Expy South Salt Lake, UT 84115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 2100 Expy South Salt Lake, UT 84115
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