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    OFF-MARKET
    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
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    Owner & transaction history
    Herriman Property LLC · 8 yrs held
    Herriman Property LLC
    since 2017
    5 recorded transactions
    2019
    2017
    2016
    1969
    1969
    Zoning & alternative use
    MU-2 · Herriman, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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