624 Main St Cedar City, UT 84720

This exceptional investment opportunity presents Renaissance Square, a 79,354-square-foot retail center in Cedar City, Utah. Located on 6.1 acres at 624 S Main St, 84720, this stabilized, multi-tenant property boasts a 100% occupancy rate and a strong NOI of $817,608, generating a 6.54% cap rate. The asking price is $12,501,648 ($157.54/sq ft). Built in 1974 and renovated in 1996, the property features two single-story buildings, zoned for central commercial use. Key tenants include Harbor Freight, Jo-Ann Fabrics, Famous Footwear, Verizon, Deseret Book, and Jamba Juice, many with long-term leases and built-in rent increases. The property benefits from its location near Southern Utah University (11,224 students), six national parks, Brian Head Ski Resort, and within 20 minutes of St. George, a rapidly growing metro area. High traffic counts (Main Street: 19,782 VPD