Prime Commercial in the heart of Cedar City. 6,404 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.
Property
Details
Total Area
21676
Total Bedrooms
N/A
Total Bathrooms
0.0
Year Built
2000
Property Type
D / Other - See Remarks
Subdivision
N/A
List Office Name
ERA Realty Center
Listing Agent
Kole Halladay
Virtual
Tours
Location
On Map
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MLS ID# 25-258825
At 1166 S Sage Dr #4 Cedar City UT - 84720