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Downtown Investments- Trophy Asset 76 W Tabernacle

13,658 SF 100% Leased Retail Building Saint George, UT 84770 $4,125,000 ($302/SF) 7.10% Cap Rate

Investment Highlights

  • Great downtown location
  • Fully Leased
  • Boutique Trophy Asst

Executive Summary

• Actual | $218,132 NOI | CAP RATE 5.4%
· Accounting for Vacancy, Management & Reserve
• Proforma | $301,028 NOI | CAP RATE 7.1%
· Accounting for Vacancy, Management & Reserve
• Great Location, Downtown St. George
• Boutique trophy asset
• Stabilized
• All historic fully remodeled buildings
• Call Wes with additional questions

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,658 SF
Building Class
B
Year Built/Renovated
1875/2014
Price
$4,125,000
Price Per SF
$302
Cap Rate
7.10%
NOI
$292,875
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
C-4
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wells Fargo Home Mortgage
Chase Bank
Zions Bank
Jazzercise
Starbucks
Smith's
The Picklr

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0005457
Land Assessment
$387,400
Improvements Assessment
$608,100
Total Assessment
$995,500
  • Listing ID: 26313854

  • Date on Market: 8/2/2022

  • Last Updated:

  • Address: 76 W Tabernacle, Saint George, UT 84770

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