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76-80 E 400 N
Logan, UT 84321
The Shops at 4th & Main • Multi-tenant Invest · Retail Property For Sale
Investment Highlights
- 100% Leases Multi-Tenant Retail Shopping Center
- Long-term NNN Leases
- Close proximity to Utah State University
- Recent Remodel ~2019
- Main Street Retail
Executive Summary
The subject property is 100% leased to Cookie Cutter Haircuts for Kids, Uptown Cheapskate, Kid to Kid, Serenity Found Massage Spa, Old Grist Mill Bread Company and FedEx Office & Print Services Inc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
18,798 SF
Building Class
C
Year Built/Renovated
1975/2019
Price
$5,550,000
Price Per SF
$295.24
Cap Rate
7.14%
NOI
$396,183
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.91 AC
Zoning
TC-1 - Town Center - 1
Parking
86 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 06-043-0021 | Improvements Assessment | $2,383,640 |
| Land Assessment | $834,188 | Total Assessment | $3,217,828 |
Property Taxes
Parcel Number
06-043-0021
Land Assessment
$834,188
Improvements Assessment
$2,383,640
Total Assessment
$3,217,828
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