1069 E 700 S, St George, UT 84790
$4,600,000
Property Type:
Commercial
Square Footage:
6,397
Lot Size (sq. ft.):
34,848
Status:
Active
Current Price:
$4,600,000
List Date:
4/17/2024
Last Modified:
4/29/2024
Description
RARE Commercial Opportunity to own a automotive service center property. The property includes reception area, 2 service writer counters & 4 desks. Service layout includes 10 bays, a break room, 3 baths, & large equipment room for storage and organization. Second level includes 6 offices, 2 baths, and large conference room and 2 supply rooms for inventory management & dedicated parts room ensuring storage, a locker room for technicians, and utility room. Tenant is currently on a gross lease with a 6% CAP rate.
More Information MLS# 24-250150
Contract Info
Offering Type: Sale
List Price: $4,600,000
Current Price: $4,600,000
List Price/SqFt: 719.09
Cap Rate: 6
Lease Price: 23000
Lease Price/Annual: 276000
Lse Prc Mnth P/SqFt: 3.59
Lease Price Per: Month
Lease Type: Gross
CAM Rate Per: Month
Property Tax Rate: 0.0067
Property Tax Rate Per: $
Listing Date: 2024-04-16
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.096427
Geo Lon: -113.56171
House Number: 1069
Street Direction Pfx: E
Street Name: 700
MLS Area: Greater St. George
Street Direction Sfx: S
State/Province: UT
Postal Code: 84790
County: Washington
Legal: St. George City SUR Plat B Buk 1(SG) Lot 2
Tax ID: 0011687
Total Taxes: 12661.1
Tax Year: 2023
General Property Info
Listing Class: Other - See Remarks
Realtor.com: Commercial
Parking Ratio: 42 plus
Lot Acres: 0.8
Total SqFt: 6397
Available SqFt: 6397
# Levels: 2
Year Built: 2016
Remarks & Misc
Directions: I-15 -> Right on River Rd
Right on 700 South.
Office/Member Info
Variable Rate Comm: 1
Buyer Broker Compensation (BBC): 3
Buyer Broker Comp (BBC) Type: %
Status Change Info
Status: Active
Other Features
Overhead Doors Comments: Automatic
Tenant Imprv Allow Comments: with owners approval
Property Features
Type of Property: Commercial; Office; Retail; Retail Free Standing; Retail Vehicle Related
Other Features: 3 Phase Power
Site Description: Tenant Occupied
Construction: Block; Poured Concrete; Steel
Showing Instructions: Call Listing Agent
Zoning: Commercial
Listing Office: BHHS UTAH PROPERTIES SG
Last Updated: April - 29 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.