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$ 8,500,000
Est. payment | /mo
43,000 SqFt
$ 8,500,000
Est. payment | /mo
43,000 SqFt
Key Details
Property Type Commercial
Sub Type Other - See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 43,000 sqft
Price per Sqft $197
MLS Listing ID 24-253614
Year Built 1989
Annual Tax Amount $24,618
Lot Size 3.320 Acres
Acres 3.32
Property Sub-Type Other - See Remarks
Source Washington County Board of REALTORS®
Land Area 43000
Property Description
Prime Industrial Investment Opportunity - St. George, Utah
Position your portfolio for long-term stability and growth with this exceptional industrial asset located in the thriving market of St. George. Constructed in 1989 and thoughtfully remodeled in 2019, this well-maintained, single-tenant manufacturing facility offers both modern functionality and proven performance.
Spanning an impressive 43,000 square feet on a 3.32-acre parcel, the property is ideally suited for large-scale manufacturing, distribution, or industrial operations. The building features approximately 20-foot clear heights in the warehouse and 10-foot clear heights in the packaging area, providing flexibility for a variety of operational needs.
Zoned M-2 Industrial, this property supports a wide range of heavy industrial uses, making it a highly versatile and valuable asset in today's competitive market.
Investors will appreciate the secure, long-term tenancy in place through September 30, 2030, delivering consistent income and minimizing near-term leasing risk. With a CAP rate of 5.5%, this property presents a compelling balance of stability and return.
Strategically located in St. George City, one of Utah's fastest-growing economic hubs, the property benefits from strong regional growth, excellent accessibility, and a business-friendly environment.
Highlights:
43,000 SF single-tenant industrial building
3.32-acre site
M-2 Industrial zoning
20' warehouse clear height / 10' packaging clear height
Remodeled in 2019
Tenant in place through 9/30/2030
5.5% CAP rate
Prime St. George location
This is a rare opportunity to acquire a stabilized industrial investment in a high-demand market. Ideal for investors seeking dependable cash flow with long-term upside. Please do not disturb Tenant.
Position your portfolio for long-term stability and growth with this exceptional industrial asset located in the thriving market of St. George. Constructed in 1989 and thoughtfully remodeled in 2019, this well-maintained, single-tenant manufacturing facility offers both modern functionality and proven performance.
Spanning an impressive 43,000 square feet on a 3.32-acre parcel, the property is ideally suited for large-scale manufacturing, distribution, or industrial operations. The building features approximately 20-foot clear heights in the warehouse and 10-foot clear heights in the packaging area, providing flexibility for a variety of operational needs.
Zoned M-2 Industrial, this property supports a wide range of heavy industrial uses, making it a highly versatile and valuable asset in today's competitive market.
Investors will appreciate the secure, long-term tenancy in place through September 30, 2030, delivering consistent income and minimizing near-term leasing risk. With a CAP rate of 5.5%, this property presents a compelling balance of stability and return.
Strategically located in St. George City, one of Utah's fastest-growing economic hubs, the property benefits from strong regional growth, excellent accessibility, and a business-friendly environment.
Highlights:
43,000 SF single-tenant industrial building
3.32-acre site
M-2 Industrial zoning
20' warehouse clear height / 10' packaging clear height
Remodeled in 2019
Tenant in place through 9/30/2030
5.5% CAP rate
Prime St. George location
This is a rare opportunity to acquire a stabilized industrial investment in a high-demand market. Ideal for investors seeking dependable cash flow with long-term upside. Please do not disturb Tenant.
Location
State UT
County Washington
Area Greater St. George
Zoning Industrial
Exterior
View Y/N No
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID SG-MIP-134-PT-A-MD
Acceptable Financing Submit
Listing Terms Submit
Listed by SUPERIOR REAL ESTATE SALES.COM
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