995 1000Logan, UT 84321

For Sale
Call for price

NNN Lease, Strong NOI, 20-Year Term

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • 20-year NNN lease with Quick Quack provides long-term stability and low landlord responsibilities.
  • Quick Quack's expansion ensures strong, sustained returns in a prime commercial location.

Property Details for 995 1000

Property type
Other retail properties, Other investment properties
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
42,689 SF

Location Insight

City
Logan
County
Cache
State
Utah
Latitude
41.750757
Longitude
-111.857724
995 1000, Logan, Utah

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995 1000
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