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Property profile & analytics
OFF-MARKET Estimated value $440,000
Drive through restaurants

5402 13400th S Herriman, UT 84096-6920

2,424 SF 0.82 ac lot Built 2017
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US86-0876595
Property summary
AI-generated overview

This exceptional fast-food sublease opportunity in Herriman, Utah, presents a turnkey operation within a 2,424-square-foot building situated on a 0.82-acre lot. Built in 2017, the single-story property boasts 30 parking spaces and benefits from high traffic counts, with 31,080 ADT on 13400 S and 17,594 ADT on 5600 W. The location is further enhanced by a substantial population of 149,086 within a 5-mile radius. All fixtures, furniture, and equipment (FF&E) are included, excluding proprietary signage. The current sublease rate is $13,073.03 per month, with a sublease expiration date of January 31, 2037. Rent increases are scheduled for February 1, 2027, and every five years thereafter at a rate of 5%. The property is conveniently located at 5402 13400 S, Herriman, UT 84096, near the cross streets of 13400 S and 5600 W in Salt Lake County. This is a quietly marketed sublease

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Total area 2,424 SF
Lot 0.82 ac (35,719 SF)
Zoning code MU-2
APN 26-36-359-008
UPID US86-0876595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k
Owner & transaction history
Herriman Property LLC · 8 yrs held
Herriman Property LLC
since 2017
5 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MU-2 · Herriman, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the MU-2 zone is to allow the mixing of residential and nonresidential uses on the same site and within the same building so people can live and work in close proximity, to create economic and social vitality and decrease automobile dependency by encouraging alternate forms of transportation, such as walking, bicycling and transit

Zone name Mixed Use
General category MIXED_USE
Zone area 695.95 ac
Source Realmo
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