5-Tenant Shopping
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1410 S Providence Center Drive, Cedar City, UT 84720
Five tenants occupy the center under NNN leases with reimbursements for taxes, CAM, and insurance.
Property Size7,483 SF
Days on Market143
Property Features for 1410 S Providence Center Drive
General Information
Standard status
Active
Size
7,483 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Anchor Co-Tenants
Walmart Supercenter, Home Depot
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Walseth Investment Company
Listed By:
Michael Walseth · License #CA 01405081
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 6:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walseth Investment Company
Investment Insights
Based on property information with market context.
Providence Center is a 7,483 SF retail shopping center with five occupied suites and fee-simple ownership of the land and building. Constructed in 2004, the property is 100% occupied, and 80% of the tenants have remained in place since construction. Three tenants have scheduled rental increases, while most leases were renewed in 2019 for additional 3-5 year terms.
Each occupant operates under an NNN lease and reimburses its pro-rata share of taxes, CAM, and insurance. The center sits along S. Providence Center Drive, the main access route serving the adjacent Walmart Supercenter and Home Depot. Interstate 15 access ramps are approximately one block away, with the freeway reporting 20,500 VPD. The property is also part of a broader retail concentration that includes Applebee's, Subway, Jack in the Box, Great Clips, Walgreens, VASA Fitness, Starbucks, Del Taco, and Panda Express.
Each occupant operates under an NNN lease and reimburses its pro-rata share of taxes, CAM, and insurance. The center sits along S. Providence Center Drive, the main access route serving the adjacent Walmart Supercenter and Home Depot. Interstate 15 access ramps are approximately one block away, with the freeway reporting 20,500 VPD. The property is also part of a broader retail concentration that includes Applebee's, Subway, Jack in the Box, Great Clips, Walgreens, VASA Fitness, Starbucks, Del Taco, and Panda Express.
Key Highlights
- 7,483 SF retail center with 5 tenants and 100% occupancy
- Constructed in 2004; 80% of tenants have operated at the center since construction
- All tenants occupy the property under NNN leases
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
388k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Superstores 29%
Shops & Services 17%
Home Improvements & Furnishings 7%
Walmart
Superstores
113,432 visits/mo
0.1 miles
Maverik Adventures First Stop
Shops & Services
35,763 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
27,291 visits/mo
0.2 miles
Panda Express
Dining
23,608 visits/mo
0.1 miles
Costa Vida
Dining
16,002 visits/mo
0.2 miles
Demographics for 84720, UT
23,607
Population
8,984
Households
2.6
Avg Household Size
28
Median Age
35%
College-Educated
95%
High-School Grad
341.5 sq mi
ZIP Area
69
Density / Sq Mi
$63,742
Median Household Income
$29,979
Median Earnings
$932
Median Rent
$357,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Providence — 1237 Sage Dr, Cedar City, UT 84720
- Providence Towne Center — 1220 Sage Dr, Cedar City, UT 84720
Frequently Asked Questions
What type of property is this?
Shopping center - Five tenants occupy the center under NNN leases with reimbursements for taxes, CAM, and insurance.
Where is this shopping center located?
The property is located at 1410 S Providence Center Drive Cedar City, UT.
What are key features of this property?
This property features: 7,483 SF retail center with 5 tenants and 100% occupancy; Constructed in 2004; 80% of tenants have operated at the center since construction; All tenants occupy the property under NNN leases
