1095 Medical Dr Brigham City, UT 84302-3091

This exceptional investment opportunity presents a 2,491 square foot Chevron gas station and convenience store located at 1095 Medical Dr, Brigham City, UT 84302. Boasting a strong 6.50% cap rate and a substantial net operating income (NOI) of $118,800, this property offers a secure and lucrative return. The property features an absolute NNN lease with a corporate guarantee, minimizing landlord responsibilities. The 15-year lease, initially commencing October 8, 2015, has approximately 5.9 years remaining, with built-in rent bumps of 10% every five years. Situated on a 0.84-acre lot, the property includes two buildings, four gas pumps, and benefits from high traffic counts exceeding 35,000 ADT. Its convenient location just off Interstate-15 Exit 362 on Hwy 89, and only 52 minutes from Salt Lake City, ensures strong visibility and accessibility. The property was built in 1992 and enjoys 100% occupancy. Nearby prominent tenants include Walmart Supercenter, Dutch Bros Coffee, Jersey Mike's, Verizon, and Dollar Tree, further enhancing its desirability and potential for continued success. The asking price is $1,827,000. This is a turnkey investment perfect for a passive income portfolio. Property APN: R0085240.