261 2100South Salt Lake, UT 84115
- Retail properties
- 0.10 AC
Property Details for 261 2100
- Lot size
- 0.10 AC
- Zone code
- LIND
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,691,595
- 6.5%
- $1,561,472
- 7%
- $1,449,938
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,199,266
- Geo Method
- $2,199,266
-
Alternative Use
- Use
- Valuation
- Residential
- $1,317,160
- Hospitality
- $1,206,512
- Educational
- $1,003,804
- Medical
- $1,038,326
- Retail
- $1,561,472
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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