Fully Leased Office
301 N 200 E Saint George, UT 84770
For Sale
Contact for pricing
Grade A office unit renovated in 2019 and fully leased with an in-place tenant.
Property Size8,199 SF
Price / SF$340.29
Days on Market59
Property Features for 301 N 200 E
General Information
- Standard status
- Active
- Size
- 8,199 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing Agency:
Red Rock Real Estate
Listed By:
Mike Sheffield · License #9113898 SA00
Source:
Crexi
Added: May 26
Changed: Jul 22
Last Checked: Jul 22 at 11:59PM
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 Red Rock Real Estate
Investment Insights
Based on property information with market context.
Unit 3-A is a Grade A professional office suite offered for sale at 301 N 200 E in St. George, UT. The space was renovated in 2019 and is currently fully leased, providing stability with an in-place tenant. The interior is positioned to take advantage of views of the St. George cityscape.
Located in the heart of St. George City, this unit is presented as a high-caliber investment opportunity for buyers seeking a maintained office asset with a long-term tenant in a thriving location.
Located in the heart of St. George City, this unit is presented as a high-caliber investment opportunity for buyers seeking a maintained office asset with a long-term tenant in a thriving location.
Key Highlights
- Grade A professional office unit built in 2000
- Renovation completed in 2019
- Fully leased with an in‑place tenant (Unit 3‑A)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.0k | $14.76 |
| − Vacancy | −$4.0k | −$0.49 |
| EGI | $117.0k | $14.27 |
| − OpEx | −$29.3k | −$3.57 |
| NOI | $87.8k | $10.70 |
8,199 SF · lease $14.76/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,768 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.26M
$1.98M – $2.63M
NOI $158,045 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bodies of Structure-Kerra Ryan ...
Alternative Medicine Practice
Vacation Resort Solutions, ...
Vacation Rental
Southern Utah Institute ...
Gym & Fitness Center
Bryt Christensen
Physician
Red Rock Vacation ...
Vacation Rental
FAQs
What type of property is this?
Office units - Grade A office unit renovated in 2019 and fully leased with an in-place tenant.
Where is this office units located?
The property is located at 301 N 200 E Saint George, UT.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Grade A professional office unit built in 2000; Renovation completed in 2019; Fully leased with an in‑place tenant (Unit 3‑A)
