1450 E Venture Dr - Manufacturing FOR SALE


Saint George, UT 84790
$20,758,971 USD
602-538-7155
1450 E Venture Dr, Saint George, UT for Sale
$20,758,971 USD
Manufacturing - FOR SALE
1/3
null | 7% Cap Rate

1450 E Venture Dr
Saint George, UT 84790


HIGHLIGHTS

  • Net lease with a strong tenant
  • Long term primary lease - 10 years remaining
  • Brand new construction
  • Attractive 2.5% annual increases
  • Located within the Fort Pierce Industrial Park

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a 10-year net lease investment located at 1450 E Venture Drive in St. George, Utah. The brand-new ±90,236-square-foot industrial facility is leased to Wilson Connectivity, a national leader in cellular signal amplification and connectivity solutions. The NNN lease structure provides investors with stable, long-term income, supported by 2.5 percent annual rent increases and two five-year renewal options. Founded and headquartered in St. George, Wilson Connectivity has been enhancing wireless connectivity for more than 25 years and is widely recognized for its trusted brands WilsonPro and weBoost. The company manufactures all products in the United States and distributes through more than 3,000 authorized dealers and installers nationwide, serving commercial, residential, and government clients. Backed by strong market leadership and ongoing demand for wireless and 5G infrastructure, Wilson Connectivity continues to experience robust, sustained growth. Strategically positioned within the Fort Pierce Industrial Park, an established and sought-after industrial district, the property benefits from direct access to Interstate 15, providing connectivity to Salt Lake City, Las Vegas, and Southern California. The surrounding trade area features a population exceeding 152,000 residents within a ten-mile radius and strong average household incomes of more than $128,000 within three miles. St. George is one of Utah’s fastest-growing industrial markets, supported by exceptional population growth, a diversified economy, and a business-friendly environment. With approximately 8.7 million square feet of industrial inventory and a sub-5 percent vacancy rate, the region is emerging as a key logistics and manufacturing hub in the Southwest. This offering represents a rare opportunity to acquire a brand-new, long-term net lease asset backed by a nationally recognized tenant and positioned within a thriving industrial corridor in one of the most dynamic markets in the western United States.

FOR SALE DETAILS

PRICE

$20,758,971 USD

PRICE/SF

$230 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wilson Connectivity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

35 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

247

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

M-1

APN/PARCEL ID

1068406,1211978

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.