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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

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
£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)
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
Smith's
Starbucks
The Picklr

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0005457
Land Assessment
£307,421
Improvements Assessment
£482,558
Total Assessment
£789,979
  • Listing ID: 26313854

  • Date on Market: 02/08/2022

  • Last Updated:

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

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