Downtown Investments- Trophy Asset | 76 W Tabernacle
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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
· 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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0005457 | Improvements Assessment | $608,100 |
Land Assessment | $387,400 | Total Assessment | $995,500 |
PROPERTY TAXES
Parcel Number
0005457
Land Assessment
$387,400
Improvements Assessment
$608,100
Total Assessment
$995,500
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Downtown Investments- Trophy Asset | 76 W Tabernacle
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