1085 12th St Marriott Slaterville, UT 84404-5142
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.
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Scooter's Coffee Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.