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    1404 George Washington Blvd St. George, UT 84790

    Sponsored
    For Sale
    $2,745,000

    Prime St. George McDonald's, 20-year lease

    Property size:
    5,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 20-year ground lease on a McDonald's restaurant located at 1404 George Washington Blvd, St. George, UT 84790. The 5,205 square foot property sits on a 0.86-acre lot and boasts a strong 3.75% cap rate with a current NOI of $103,000. The asking price is $2,745,000 ($527.38/sq ft). The lease, commencing September 1, 2024, and expiring August 31, 2044, includes eight 5-year renewal options with a 10% rent increase every five years. The property is classified as Class A, with a NNN lease structure and a credit-rated tenant backed by a corporate guarantee. The location is highly desirable, situated at the intersection of George Washington Blvd and River Road, the only north-south, east-west corridor in greater St. George. This high-visibility site benefits from significant traffic flow and favorable demographics, enhanced by proximity to numerous co-tenants including Sprouts Farmers Market, Starbucks, Kiln, J. Dawgs, Cyprus Credit Union, Village Baker, Dutch Bros, Alta Bank, Popeyes, Maverik, Jiffy Lube, Summit Athletic Club, Tagg-n-Go, Quench It, and Costa Vida. The property offers 10 parking spaces per 1,000 square feet and is zoned PD Commercial. This is a secure, long-term investment with a blue-chip tenant in a prime location. The property's location is minutes from Dixie Regional Medical Center, further enhancing its appeal and accessibility.

    Property Features for 1404 George Washington Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    5,205 SF
    Class
    A
    Lot Size
    37,462 SF

    HighLights

    • Strong tenant mix including Sprouts Farmers Market, Starbucks, and other popular restaurants and services.
    • High‑traffic River Road location with favorable demographics.
    • Excellent visibility.
    • Strategic location near numerous national and local businesses.
    • Close proximity to Dixie Regional Medical Center.
    • Situated at the only major north‑south, east‑west intersection in St. George.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. George
    County
    Washington
    State
    Utah
    Longitude
    -113.55481800995
    Latitude
    37.084808044707

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    FAQs

    What type of property is this?
    Restaurant - Prime St. George McDonald's, 20-year lease
    Where is this restaurant located?
    The property is located at 1404 George Washington Blvd St. George, UT.
    What is the asking price?
    The asking price for this property is $2,745,000.
    What are key features of this property?
    This property features: Strong tenant mix including Sprouts Farmers Market, Starbucks, and other popular restaurants and services.; High-traffic River Road location with favorable demographics.; Excellent visibility.
    Request Owner's contact information
    1404 George Washington Blvd St. George, UT 84790
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1404 George Washington Blvd St. George, UT 84790
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