5402 13400th S Herriman, UT 84096-6920
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
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU-2 · Herriman, UTThe 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
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.