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957 S State Highway 89 5,710 SF 100% Leased Retail Building Logan, UT 84321 $2,252,741 ($394.53/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- STRONG TENANCY MIX
- GROWTH AREA
- RENT GROWTH
EXECUTIVE SUMMARY
This exceptional property boasts prime frontage along US Highway 89, offering outstanding visibility and strong traffic counts. The center is 100% occupied by a solid mix of national and regional tenants — all with multiple locations and strong financial performance. Current tenants include:
Wright Physical Therapy – 19 locations
Dollar Loan Center – 71 locations
Professional Dental – 19 locations
With its premier location, stable tenancy, and proven tenant financial strength, this property represents a high-quality investment opportunity with excellent long-term stability.
Wright Physical Therapy – 19 locations
Dollar Loan Center – 71 locations
Professional Dental – 19 locations
With its premier location, stable tenancy, and proven tenant financial strength, this property represents a high-quality investment opportunity with excellent long-term stability.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,710 SF
Building Class
B
Year Built
2014
Price
$2,252,741
Price Per SF
$394.53
Cap Rate
6.75%
NOI
$152,060
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
COM - Commercial
Parking
42 Spaces (7.36 Spaces per 1,000 SF Leased)
Frontage
232’ on Hwy 89
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-085-0019 | Improvements Assessment | $917,680 |
| Land Assessment | $664,900 | Total Assessment | $1,582,580 |
PROPERTY TAXES
Parcel Number
02-085-0019
Land Assessment
$664,900
Improvements Assessment
$917,680
Total Assessment
$1,582,580
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957 S State Highway 89
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