Listed by Red Rock Real Estate
$2,790,000
Class A Professional Office
Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 8,199
Units 2
Cap Rate 4.65%
NOI $129,781
Occupancy 100%
Tenancy Single
Lease Expiration 09/30/2031
Class A
Year Built 2000
Year Renovated 2019
Stories 3
Acreage 0.450
Parking Spaces 2.95 per 1,000 sq ft
Investment Type Stabilized
Lease Commencement 08/01/2019
Sale Condition For sale by owner
Office | 4.65% CAP | 8,199 SqFt
Marketing description
Presenting Unit 3-A, a Grade A Professional Office Space in the heart of St. George City—an exceptional fully leased investment opportunity. This property boasts a high-quality renovation completed in 2019, ensuring a modern and refined workspace environment. With an outstanding tenant in place, this investment offers stability and reliable returns.
Strategically located, this office space provides incredible views of the vibrant cityscape of St. George.
This investment opportunity is for investors seeking a high-caliber property, with a strong long term tenant in a thriving location.
Investment highlights
- Fully leased investment in the Central Business District.
- Grade A Professional Office Renovation in 2019.
- Long term lease with strong Tenant.
Listing Contacts
Listed by Red Rock Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,781.08
$10,815.09/mo
Valuation Metrics
0
DSCR
4.65%
Cap Rate
4.65%
ROI
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