2051 E Red Hills Pky - Retail FOR SALE


St George, UT 84770
$7,595,000 USD
435-851-2226
2051 E Red Hills Pky, St George, UT for Sale
$7,595,000 USD
Retail - FOR SALE
1/11
null | 6.5% Cap Rate

2051 E Red Hills Pky
St George, UT 84770


HIGHLIGHTS

  • Trophy Multi-Tenant Retail Asset with I-15 Visibility
  • Long-Term Tenancies show strength of location and visibility
  • Outstanding I-15 Visibility & Exposure
  • Ideal for Retail, Office, Creative Use, and Flex Users
  • Recently Repainted, immaculately maintained, and Abundant Natural Light with Expansive Windows
  • Modern Finishes, colors, polished concrete floors, high ceilings

OVERVIEW

Trophy Multi-Tenant Retail Asset with I-15 Visibility Long-Term Tenancies show strength of location and visibility Outstanding I-15 Visibility & Exposure Ideal for Retail, Office, Creative Use, and Flex Users Recently Repainted, immaculately maintained, and Abundant Natural Light with Expansive Windows Modern Finishes, colors, polished concrete floors, high ceilings I-15 Visibility, and High Traffic Counts on Red Hills Parkway, Great accessibility to Red Hills Parkway Suite 11 is only available space, current tenant to be vacating soon, with upside in the rents Pro forma 6.5% CAP Rate with Suite 11 leased at an aggressive market lease rate I-15 Corridor continues to be the retail and office segments’ strongest location market-wide Perfect for Partial Owner-Occupant, or Investor, with fantastic opportunity to grow your business

FOR SALE DETAILS

PRICE

$7,595,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Hills Commercial Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

C-3

APN/PARCEL ID

0033194

ASK ABOUT THIS PROPERTY

Curren ChristensenNAI ExcelMore Info
435-851-2226

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Curren ChristensenNAI ExcelMore Info
435-851-2226

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