28 2100th S South Salt Lake, UT 84115-2317
Property profile & analytics
28 2100th S South Salt Lake, UT 84115-2317
- Drive through restaurants
- 1,610 SF
- 1.56 lot acres
Property ID
US86-0088881
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 28 2100th S
- Year built
- 2003
- Lot size
- 1.56 lot acres
- Property size
- 1,610 SF
- Zone code
- CC
- Property type
- Drive through restaurants
- APN
- 16-19-103-026
- APU
- 1619103026
Description
This exceptional investment opportunity presents a brand-new, 3,860-square-foot In-N-Out Burger restaurant in South Salt Lake City, Utah. Located on a 1.58-acre lot at a high-traffic intersection (over 66,100 vehicles per day), this property benefits from excellent visibility and accessibility. The absolute NNN lease boasts a 20-year primary term with four 5-year options, ensuring long-term, stable income. Rent increases of 10% every five years provide inflation protection, and the property includes additional revenue streams from billboard leases. Built in 2024, the property enjoys 100% occupancy and a strong NOI of $357,526, resulting in a 3.50% cap rate. The asking price is $10,215,000 ($2,646.37 per square foot). This strategically located property is near major interstates (I-15 and I-80), offering convenient access and high traffic volume. Surrounding the property are other well-known retailers, including The Home Depot, Costco, and WinCo Foods, further enhancing its desirability and potential for continued success. The property's location within a densely populated area (over 368,800 residents within 5 miles, MSA population exceeding 1.26 million) with high average household incomes (over $113,779 within a 5-mile radius) contributes to its strong investment potential. The lease commenced November 1, 2024, and expires October 31, 2044. This is a rare opportunity to acquire a highly sought-after In-N-Out Burger location with minimal landlord responsibilities and significant long-term growth potential. The property's APN is 16-19-103-021, 16-19-103-018.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- South Salt Lake
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.863
- Latitude
- 40.7345
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$3,177,200
$263,100
$3,440,300
-
$3,177,200
$263,100
$3,440,300
