Active

1166 S Sage Dr #4

Cedar City UT, 84720

$1,600,000


$73.81 per sqft

Active

21,676 sqft

Other

Built in 2000

Prime Commercial in the heart of Cedar City. 7,400 sq ft of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.

25-258825

MLS ID

February 27, 2025

Listed

February 27, 2025

Updated

Other Property Details

Area Name

Outside Area


Days on Market

2


Garage

No


View

No


County

Iron


Pool

No


Zoning

Commercial

Listed by Kole Halladay with ERA Realty Center
Listing Contact: (435) 704-1640 

The IDX display contains information sourced from the Washington County Board of REALTORS® as of 2/27/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Washington County Board of REALTORS® all rights reserved.

Data last updated on 2/27/2025 at 9:08 PM UTC

 

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