724 Main St Logan, UT 84321
- Commercial real estate
- 2,000 SF
Current Use by Public Records
- Starbucks / Internet Cafe / Coffee Shop
Property Details for 724 Main St
- Property size
- 2,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving Starbucks restaurant located at 724 S Main St, Logan, UT 84321, in Cache County. The property boasts a 2,000 square foot building on a single-tenant, triple-net (NNN) lease with the corporate Starbucks brand. Currently operating at 100% occupancy, this location offers a strong and stable income stream. The lease has a remaining term of approximately two years, expiring June 20, 2026, with multiple options to renew, ensuring long-term investment security. Rent increases by 10% annually, providing consistent growth potential. The asking price is $1,800,000, translating to a price per square foot of $900. The property generates a net operating income (NOI) of $99,000 annually. This is a rare chance to acquire a highly profitable, established business in a desirable location with a nationally recognized brand. The property's prime location in Logan, Utah, ensures high visibility and consistent customer traffic. This is an ideal addition to any commercial real estate portfolio seeking strong returns and long-term stability. The property's strong financial performance and secure lease terms make it an attractive investment for discerning buyers. Don't miss this opportunity to acquire a proven, high-performing asset.
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
- -111.8349255
- Latitude
- 41.7187069
