Single-Tenant Retail NNN
489 North Main Street Panguitch, UT 84759
489 North Main Street, Panguitch, UT, 84759
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For Sale
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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 Market53
Property Features for 489 North Main Street
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Cushman & Wakefield - Salt Lake City, Utah
Listed by
Rick Newton · License #UT 5495160-SA00
Source
Crexi
Added: May 30 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 5:59AM
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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).
