Listed by Legend Commercial, NAI Excel
$20,000,000
1575 S River Rd N
Details
APN SG-RCR-2-204
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 40,000
Cap Rate 6.00%
NOI $1,200,000
Occupancy 100%
Tenancy Single
Brand/Tenant Kiln
Lease Type NNN
Lease Term 20
Lease Expiration 12/30/2044
Remaining Term 20
Rent Bumps Yes
Lease Options Two 5-Year options
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 1
Stories 2
Acreage 2.970
Zoning PD Commercial
Investment Type Net Lease
Lease Commencement 12/31/2024
Rent Commencement 10/31/2025
Occupancy Date 12/31/2024
Prime Class A Office Investment, 100% Occupied, 20-year term, NNN
Marketing description
For Sale
Investment highlights
Co-tenants Include: Sprouts Farmers Market, McDonalds, Starbucks, J. Dawgs, Cyprus Credit Union, Village Baker, Handel’s Ice Cream, Thrive Drip Spa, and more.
River Road location with strong traffic and demographics
High visibility area
Adjacent to Dutch Bros, Alta Bank, Popeyes, Maverik, Jiffy Lube, Summit Athletic Club, Tagg-n-Go, Quench-it!, and Costa Vida.
Minutes to Intermountain Healthcare’s Dixie Regional Medical Center
The intersection of George Washington Blvd (1450 South) and River Road is the only north-south, east-west corridor in the greater St. George area.
Rent Commencement November 2025
Listing Contacts
Listed by Legend Commercial, NAI Excel
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,200,000.00
$100,000.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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