1475 River Rd St. George, UT 84790
Sponsored
20-Year NNN Lease, 100% Occupied
Property size:
40,000 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 1475 River Rd
General Information
- Property type
- Office space
- Square Feet
- 40,000 SF
- Class
- A
- Lot Size
- 129,373 SF
Building Details
- Year Built
- 2024
- Buildings
- 1
- Stories
- 2
HighLights
- $20,000,000 asking price for a 40,000 square foot Class A office building in St. George, UT.
- Net lease investment with a 6.00% cap rate and $1,200,000 NOI.
- 20‑year lease with Kiln, commencing January 1, 2025, and including two 5‑year options; 3% annual rent bumps.
- 100% occupancy with a strong tenant roster including Sprouts, McDonald's, Starbucks, and others.
- Prime River Road location with high visibility and strong traffic counts, near major retailers and Intermountain Healthcare's Dixie Regional Medical Center.
- 2‑story building on a 2.97‑acre lot with 4 parking spaces per 1,000 square feet; APN: SG‑RCR‑2‑204.
Property Profile
Location Intelligence
Current Use by Public Records
Office space
Location Insight
- Map
- Local Demand
- City
- St. George
- County
- Washington
- State
- Utah
- Longitude
- -113.55524551694
- Latitude
- 37.083525370417
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Office space - 20-Year NNN Lease, 100% Occupied
Where is this office space located?
The property is located at 1475 River Rd St. George, UT.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: $20,000,000 asking price for a 40,000 square foot Class A office building in St. George, UT.; Net lease investment with a 6.00% cap rate and $1,200,000 NOI.; 20-year lease with Kiln, commencing January 1, 2025, and including two 5-year options; 3% annual rent bumps.
