UT > Cedar City
Cedar City, UT 84720,1166 S Sage Dr #4
Cedar City, UT 84720,1166 S Sage Dr #4
Cedar City, UT 84720,1166 S Sage Dr #4
Cedar City, UT 84720,1166 S Sage Dr #4
Cedar City, UT 84720,1166 S Sage Dr #4
Cedar City, UT 84720,1166 S Sage Dr #4
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Kimette Hughes

Kimette Hughes

+1(435) 668-1799
$ 1,600,000
Est. payment | /mo

21,676 SqFt

Save
$ 1,600,000
Est. payment | /mo
Save

21,676 SqFt

Key Details

Property Type Commercial

Sub Type Other - See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 21,676 sqft

Price per Sqft $73

MLS Listing ID 25-258825

Originating Board Washington County Board of REALTORS®

Year Built 2000

Lot Size 2.330 Acres

Acres 2.33

Property Sub-Type Other - See Remarks

Property Description

Prime Commercial in the heart of Cedar City. 7,400 sq ft of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.

Location

State UT

County Iron

Area Outside Area

Zoning Commercial

Direction From I-15 head west on main street. Right on royal hunter drive. Right on Sage drive. Turn left into parking lot at Brody's Mexican restaurant. right at the round about.

Exterior

View Y/N No

Building

Story 1

New Construction No

Others

Senior Community No

Washington County MLS (WCMLS)
Listed by ERA Realty Center
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(435) 668-1799

kimettehughes@gmail.com

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1166 S Sage Dr #4