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Property profile & analytics
OFF-MARKET
Drive through restaurants

1085 12th St Marriott Slaterville, UT 84404-5142

703 SF 0.62 ac lot Built 2023
Individually Owned 13-yr Hold Free & Clear
Property ID
US86-0525997
Property summary
AI-generated overview

This exceptional investment opportunity presents a 678 sq ft Scooter's Coffee, built in 2023, situated on a 26,974 sq ft lot in Marriott-Slaterville, Utah (84404). The property boasts a prime location on a main arterial road with high visibility and traffic volume exceeding 40,000 vehicles per day. This single-tenant, absolute NNN ground lease features a strong franchisee tenant with a personal guarantee. The 10-year lease commenced June 1, 2023, and includes 10% rent bumps every five years, ensuring consistent income growth. The property is part of a thriving retail center, neighboring established businesses such as Burly Burger, State Farm, and Take 5 Car Wash, and is conveniently located near a major employer (Ogden IRS campus) and other retail giants including Winco Foods, Ross Dress for Less, and Home Depot. The asking price is $1,045,870, representing a 5.45% cap rate and significant value below estimated replacement costs. The property includes 6 parking spaces and is zoned C-2p. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a strong growth market. The property's strong location, established tenant, and favorable lease terms make it an ideal addition to any investment portfolio. The building is a single-story structure. APN: 12-233-0001.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2023
Total area 703 SF
Lot 0.62 ac (27,007 SF)
APN 12-233-0001
UPID US86-0525997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scooter's Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Intermountain Farmers Assn · 13 yrs held
Intermountain Farmers Assn
since 2013
4 recorded transactions
2023
Price N/A
2013
Price N/A
2013
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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