261 2100 ExpySouth Salt Lake, UT 84115

Property Details for 261 2100 Expy

Lot size

0.10 AC

Zone code

LIND

Property type

Retail space

APN

15-24-203-014

APU

1524203014

Description

This exceptional retail opportunity presents 50,811 square feet of prime commercial space within the Interpointe Shopping Center, located in South Salt Lake, Utah (84115), at 261 W 2100 S Expy. The center boasts a strong tenant mix, anchored by Best Buy, Office Depot, and Carl's Jr., and is surrounded by high-performing retailers including Home Depot, Lowe's, RC Willey, Costco, Sam's Club, PetSmart, Bassett, McDonald's, IHOP, and Chevron—all ranking among Utah's top sales performers. The property sits on 3.12 acres of land and offers ample parking with a ratio of 1.64 spaces per 1,000 square feet. Spaces range from 1,500 to 5,062 square feet, with immediate availability for some units. The center enjoys unparalleled accessibility, situated immediately adjacent to the I-15, I-80, and SR-201 freeways, and features the Central Pointe Light Rail "TRAX" station on-site, providing convenient access to the new Sugar House and West Valley lines. Triple Net (NNN) lease rates are $30 per square foot, with a base rent of $3.95 per square foot. Specific lease terms and availability for Mattress Dealz (available now), OneMain Financial (available December 2024), and Office Depot (available March 2025) are available upon request. This is a rare chance to secure a prominent retail presence in one of Utah's most dynamic commercial areas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,278,470

  6.5%

  $1,180,130

  7%

  $1,095,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $907,634

  Geo Method

  $907,634

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,258,910

  Mixed-Use / Specialty

  $1,193,080

  Hospitality / Lodging

  $897,657

  Office

  $1,203,860

  Institutional / Educational

  $1,246,450

  Residential Income

  $1,458,350

  Multifamily

  $1,653,960

  Automotive / Energy

  $1,068,390

  Parking / Income-Based Land

  $351,738

  Restaurant / Food Service

  $657,140

  Healthcare / Senior Housing

  $1,205,890

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.7248

Longitude

-111.898

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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