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