Single-Tenant Retail NNN
For Sale
Contact for pricing
489 North Main Street, Panguitch, UT 84759
Single-tenant retail building leased to Dollar General with a new long-term NNN structure and multiple renewal options.
Property Size9,100 SF
Price / SF$291.87
Days on Market99
Property Features for 489 North Main Street
General Information
Standard status
Active
Size
9,100 SF
Total Parking Spaces
30
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$165,996
Building Details
Year Built
2026
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Salt Lake City, Utah
Listed By:
Rick Newton · License #UT 5495160-SA00
(801) 303-5485
Source:
Crexi
Added: May 30
Changed: Sep 2
Last Checked: Sep 1 at 7:46PM
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 Cushman & Wakefield - Salt Lake City, Utah
Investment Insights
Based on property information with market context.
The offering is an approximately 9,100-square-foot, single-tenant retail property leased to Dollar General. The building is currently under construction and is anticipated to open in August 2026. The lease is triple-net (NNN), and it is structured as a new 15-year term.
The property is located at 489 North Main Street in Panguitch, Utah, which serves as the county seat of Garfield County. The local economy is supported by tourism, agriculture, and small business activity, with visitor spending supporting hotels, restaurants, retailers, fuel stations, and outdoor recreation businesses. The area is described as being served by several major scenic highways and benefiting from its proximity to Bryce Canyon National Park.
For investors seeking a stabilized retail cash-flow profile, this asset provides exposure to a long-term tenant relationship through a new 15-year Dollar General lease and five (5), five-year renewal options. Because the arrangement is triple-net (NNN), operating responsibilities are allocated to the tenant under the lease terms, aligning with typical NNN ownership objectives.
The property is located at 489 North Main Street in Panguitch, Utah, which serves as the county seat of Garfield County. The local economy is supported by tourism, agriculture, and small business activity, with visitor spending supporting hotels, restaurants, retailers, fuel stations, and outdoor recreation businesses. The area is described as being served by several major scenic highways and benefiting from its proximity to Bryce Canyon National Park.
For investors seeking a stabilized retail cash-flow profile, this asset provides exposure to a long-term tenant relationship through a new 15-year Dollar General lease and five (5), five-year renewal options. Because the arrangement is triple-net (NNN), operating responsibilities are allocated to the tenant under the lease terms, aligning with typical NNN ownership objectives.
Key Highlights
- Approximately 9,100 SF single‑tenant retail property leased to Dollar General under a new 15‑year lease term.
- Building is currently under construction and is anticipated to open in August 2026.
- Lease is structured as triple‑net (NNN).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 84759, UT
2,064
Population
1,421
Households
1.5
Avg Household Size
41
Median Age
28%
College-Educated
95%
High-School Grad
463.3 sq mi
ZIP Area
4
Density / Sq Mi
$75,566
Median Household Income
$30,052
Median Earnings
$799
Median Rent
$301,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail building leased to Dollar General with a new long-term NNN structure and multiple renewal options.
Where is this nnn property located?
The property is located at 489 North Main Street Panguitch, UT.
What is the asking price?
The asking price for this property is $2,656,000.
What are key features of this property?
This property features: Approximately 9,100 SF single‑tenant retail property leased to Dollar General under a new 15‑year lease term.; Building is currently under construction and is anticipated to open in August 2026.; Lease is structured as triple‑net (NNN).
