Fully Leased Office
For Sale
Contact for pricing
301 N 200 E, St George, UT 84770
Grade A office unit renovated in 2019 and fully leased with an in-place tenant.
Property Size8,199 SF
Price / SF$359.80
Days on Market152
Property Features for 301 N 200 E
General Information
Standard status
Active
Size
8,199 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$129,781
Building Details
Year Built
2000
Year Renovated
2019
Stories
3
Units
2
Tenancy
Single
Listing Agency:
Red Rock Real Estate
Listed By:
Mike Sheffield · License #9113898 SA00
Source:
Crexi
Added: May 26
Changed: Oct 10
Last Checked: Oct 23 at 4:18AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$87,768
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,755,360
$1.8M
Cap Rate 7%
$1,253,829
$1.3M
Cap Rate 9%
$975,200
$975.2K
Market Conditions
NOI Build-Up for 8,199 SF
Gross rent
$121.0K $14.76/SF
− Vacancy
−$4.0K −$0.49/SF
EGI
$117.0K $14.27/SF
− OpEx
−$29.3K −$3.57/SF
NOI
$87.8K $10.70/SF
Area
Washington County, UT
Vacancy
3.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,755,360
Cap Rate 7%
$1,253,829
Cap Rate 9%
$975,200
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,768 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.26M
$1.98M – $2.63M
NOI $158,045 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 84770, UT
44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Grade A office unit renovated in 2019 and fully leased with an in-place tenant.
Where is this office unit located?
The property is located at 301 N 200 E St George, UT.
What is the asking price?
The asking price for this property is $2,950,000.
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)
