Carl’s Jr.

Carl's Jr Rep Photo

1680 South Redwood Road
Salt Lake City, UT

Price: $2,781,000
Cap Rate: 5.35%
NOI: $148,784
Building Size: Approx. 2,450 Sq. Ft.
Lot Size: Approx. 0.98 Acres
Status: Sale Pending
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 2,450+/- SF Building on .98+/- Acre Site
  • New 20 Year NNN Lease w/10% Rent Bumps Every 5 Years
  • Located along Redwood Road (27K VPD), just N of 1700 Rd
  • Near McDonalds, Wells Fargo, Burger King, AutoZone, Chase
  • Located in a dense industrial and office cluster w/130k day pop
  • 6-Miles S of Salt Lake City International Airport (1.3 Million Jobs)
  • 4-Miles S of Downtown | 7-Miles W of Uni. of Utah (31,680 Enroll)
  • Attractions: Mormon Temple | State Capital | Park City Mountain
  • Ranked as one of America’s Fastest-Growing City by FORBES 2016
  • 3-Mile Radius: Day Pop: 131,932 l 3-Mile Avg. HH Income:  $50,702
  • Salt Lake City (MSA) | 6% Pop Increase 2010-2014 | Pop: 1,153,340