3687 Pioneer Pky - Freestanding FOR SALE


Santa Clara, UT 84765
$4,200,000 USD
435-627-5709
3687 Pioneer Pky, Santa Clara, UT for Sale
$4,200,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

3687 Pioneer Pky
Santa Clara, UT 84765


HIGHLIGHTS

  • The property’s architectural design is sleek and contemporary, reflecting the style of new metropolitan retail developments.
  • Positioned near the intersection of Pioneer Parkway and Rachel Drive, the property enjoys excellent accessibility.
  • What truly elevates Giovengo Building 1A’s location is its adjacency to the Black Desert Resort.
  • The immediate area is anchored by strong commercial neighbors, including Harmon’s Grocery, O’Reilly Auto Parts, Ace Hardware, Dollar Tree, and others.

OVERVIEW

THE OFFERING Giovengo Building 1A presents an investor with the opportunity to acquire a modern, high-quality multi-tenant retail property located in the fast-growing resort corridor near St. George, Utah. Built in 2023, the 6,400-square-foot building is designed with four suites ranging in size from 1,178 to 2,067 square feet. The asset provides an attractive 6% CAP rate on current proforma and promises long-term capital appreciation through scheduled rent increases. Offered on an all-cash basis and in as-is condition, this investment combines stable in-place income with strong upside potential in one of the most dynamic markets in the Mountain West.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$656 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Clara Retail Building for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

PDC

APN/PARCEL ID

1150688

ASK ABOUT THIS PROPERTY

Jason GriffithNAI ExcelMore Info
435-627-5709

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Jason GriffithNAI ExcelMore Info
435-627-5709

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