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| Price $10,215,000 | Built/Renov 2024 | Tenant In-N-Out Burger |
| Cap Rate 3.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,860
| Lease Start
11-01-2024
| #Units
400
|
| Price/SF $2,646.37 | Expiration
10-31-2044
| Tenant Type Fast Food/QSR |
| NOI $357,526 | R. Term 19.10 | Ownership Ground Lease |
| Rent/SF
$92.62
| Increases 10.0%/6/yrs | Pop 5Mi 368,852 |
| Lot/AC 1.58 | Options 4/5yrs/10% | AHHI 5Mi $113,779 |
| | |
In-N-Out Burger is strategically located along S Main Street and 2100 South in South Salt Lake City, UT, with access to a daily traffic count of approximately 66,100 vehicles. The site is surrounded by major national retailers including The Home Depot, Costco, WinCo Foods, McDonald's, etc, driving consistent consumer traffic to the area. The property is located near several schools,...
...New construction
Hard corner intersection
Major thoroughfare
Near major nationals
Strong demographics
New development zone
Brand new lease
Absolute NNN
Corporate Guarantee
Over 100 Units backed
In-N-Out Burger is an American regional chain of fast food restaurants with locations primarily in California and the Southwest. It was founded in Baldwin Park, California, in 1948 and is...
Salt Lake City, UT
Cap Rate 3.50%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 3,860
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
