Warehouse and Retail
435 Aviation Way Cedar City, UT 84721
435 Aviation Way, Cedar City, UT, 84721
Contact for pricing
For Sale
Contact for pricing
Two buildings totaling 15,000 sf with multiple roll-up doors and 10' clear height, plus signalized corner access.
Property Size15,000 SF
Price / SF$250
Days on Market83
Property Features for 435 Aviation Way
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 2018
Listing agency
NAI Excel
(435) 627-5710
Listed by
Meeja McAllister · License #UT 6081089-SA00
Source
Crexi
Added: May 1 Updated: Jul 22 at 12:45PM Checked: Jul 22 at 12:45PM
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 NAI Excel
Investment Insights
Based on property information with market context.
The property consists of two separate buildings designed for flexible commercial use. Building 1 includes 5,000 sf and is served by one water meter. Building 2 offers 10,000 sf with 8' roll-up doors and 10' clear height, with single-phase power. Building 1 is equipped with 10' clear height and 8' door access, and it includes three-phase power.
A large double-sided pole sign provides visibility in multiple directions. The site is described as a signalized corner off Aviation Way and Highway 56, supporting straightforward customer and service access.
Built in 2018, the configuration supports tenants that need warehouse-style clear height and multiple door openings, with the overall parcel offering two distinct building options under one ownership.
A large double-sided pole sign provides visibility in multiple directions. The site is described as a signalized corner off Aviation Way and Highway 56, supporting straightforward customer and service access.
Built in 2018, the configuration supports tenants that need warehouse-style clear height and multiple door openings, with the overall parcel offering two distinct building options under one ownership.
Key Highlights
- Two buildings totaling 15,000 SF built in 2018
- 5,000 SF building features 8' roll‑up doors and 10' clear height
- 10,000 SF building features an 8' roll‑up door and 10' clear height
Local Financial Insights For Warehouse
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 | $167.4k | $11.16 |
| − Vacancy | −$2.3k | −$0.16 |
| EGI | $165.1k | $11.00 |
| − OpEx | −$24.8k | −$1.65 |
| NOI | $140.3k | $9.35 |
15,000 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.00M
$1.75M – $2.34M
NOI $140,298 @ 7.0% cap · market cap 3.74%
Second Best
Retail
$1.94M
$1.69M – $2.26M
NOI $135,551 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,442 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
D & D Smoke's ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- All Safe Storage — 3241 W, 3241 UT-56, Cedar City, UT 84720
- Ace Storage Rentals — 3227 W 500 N, Cedar City, UT 84721
- Industrial Plaza Storage Units — Cedar City, UT 84720
- EZ Storage, Cedar City, Ut — 445 Aviation Way, Cedar City, UT 84721
- Thunderbird Storage — 587 N Lund Hwy, Cedar City, UT 84721
FAQs
What type of property is this?
Warehouse - Two buildings totaling 15,000 sf with multiple roll-up doors and 10' clear height, plus signalized corner access.
Where is this warehouse located?
The property is located at 435 Aviation Way Cedar City, UT.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Two buildings totaling 15,000 SF built in 2018; 5,000 SF building features 8' roll‑up doors and 10' clear height; 10,000 SF building features an 8' roll‑up door and 10' clear height
