427 S Main, 101-316 ST, Cedar City, UT 84720 (MLS# 21-223115)

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427 S Main, 101-316 ST, Cedar City, UT 84720

$2,995,000
Property Type: Commercial Square Footage: 17,336 Lot Size (sq. ft.): 37,897 Status: Closed
Current Price: $2,995,000 List Date: 12/06/2021 Last Modified: 2/09/2022

Description

Premier Plaza offers the investor an opportunity to acquire a modern, high-quality office building, with a variety of professional tenants. The property is in the high demand South Main Street area of Cedar City. The office building consists of 17,335 Sq. Ft. which sits on .87 acres and is close to freeways and other businesses

Supplements: Premier Plaza has a great rental history with long term tenants. The building offers Class A office spaces providing a professional atmosphere with a low vacancy factor. This property is a 3-story building with high visibility and drive by traffic, digital signage, and parking. Inside there are suites ranging from 214/SF to 5500/SF.

More Information MLS# 21-223115

Contract Info

Offering Type: Sale List Price: $2,995,000 Current Price: $2,995,000 List Price/SqFt: 172.76 CAM: 0.25 Lease Price/Annual: 15.48 Lse Prc Mnth P/SqFt: 1.44 Lease Price Per: SF Lease Type: NNN CAM Rate Per: Month Listing Date: 2021-05-19 Short Sale Status: No

Location, Tax & Legal

Geo Lat: 37.669645 Geo Lon: -113.061342 House Number: 427 Street Direction Pfx: S Street Name: Main, 101-316 Street Suffix: ST MLS Area: Outside Area State/Province: UT Postal Code: 84720 County: Iron Tax ID: 0491375 Total Taxes: 19114.08 Tax Year: 2020

General Property Info

Listing Class: Office Realtor.com: Commercial Lot Acres: 0.87 Total SqFt: 17336 Available SqFt: 17336 # Levels: 3 Year Built: 2006

Remarks & Misc

Directions: From 1-15 Take Exit 59 turn right on 200 North (Freedom Blvd) to Main St., turn right. just past intersection of 400 South & Main St. Rates vary from $12.48- $15.48 + CAM $.025

Status Change Info

Sold Date: 2022-02-08 Under Contract Date: 2021-12-01 Status: Closed Sold Price/SqFt: 172.76

Other Features

Tenant Imprv Allow Comments: with owner approval

Property Features

Type of Property: Commercial; Office; Office Downtown; Office Medical; Office Other Other Features: Elevator Site Description: Tenant Occupied Construction: Stucco; Wood Frame Showing Instructions: Call Listing Agent Zoning: Commercial
Listing Office: FATHOM REALTY CEDAR
Last Updated: February - 09 - 2022

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.