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Downtown Investments- Trophy Asset | 76 W Tabernacle
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Downtown Investments- Trophy Asset 76 W Tabernacle
13,658 SF 76% Leased Retail Building Saint George, UT 84770 £3,273,394 (£240/SF) 7.10% Net Initial Yield
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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
£3,273,394
Price Per SF
£240
Net Initial Yield
7.10%
NOI
£232,411
Percent Leased
76%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
C-4
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- Bldg
- 3,246 SF
- Retail
- Outparcel
- Now
Space | Size | Space Use | Position | Available |
Bldg | 3,246 SF | Retail | Outparcel | Now |
Bldg
Size |
3,246 SF |
Space Use |
Retail |
Position |
Outparcel |
Available |
Now |
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0005457 | Improvements Assessment | £482,558 |
Land Assessment | £307,421 | Total Assessment | £789,979 |
PROPERTY TAXES
Parcel Number
0005457
Land Assessment
£307,421
Improvements Assessment
£482,558
Total Assessment
£789,979
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Downtown Investments- Trophy Asset | 76 W Tabernacle
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