995 1000 Logan, UT 84321
- Retail properties
- 0.98 lot acres
Current Use by Public Records
- Retail properties
Property Details for 995 1000
- Year built
- 2024
- Lot size
- 0.98 lot acres
- Property type
- Retail properties
- Property subtype
- Investment properties
Description
This exceptional retail investment property, located at 995 N 1000 W in Logan, Utah (zip code 84321, Cache County), presents a compelling opportunity for discerning investors. The property boasts a single, 20-year absolute NNN lease with Quick Quack, minimizing landlord responsibilities and ensuring long-term stability. Built in 2024, this one-story building sits on a 0.98-acre lot (APN 05-123-0004) and generates a substantial net operating income (NOI) of $100,000 annually. The property is offered as a ground lease sale. The continued growth of the Quick Quack tenant provides confidence in the sustained value and consistent return on investment. This is a turnkey investment, ideal for those seeking a low-maintenance, high-yield asset in a thriving commercial area. The property's prime location in Logan, Utah offers excellent visibility and accessibility. The single-tenant structure simplifies management, reducing operational complexities and maximizing returns. This is a rare opportunity to acquire a high-performing retail investment with a long-term lease and significant upside potential. The property's strong financial performance, coupled with the tenant's proven track record, makes this an attractive addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Logan
- County
- Cache
- State
- Utah
- Longitude
- -111.858
- Latitude
- 41.7508
