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923 S River Rd – Listing Details

923 S River Rd, Saint George, UT 84790

  • For Sale $4,500,000
  • Property Type Office
  • Property Size 22,000 Sqft
  • Lot Size 1.23 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 4.09/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1996
  • Year Renovated 2020
  • Date Updated Mar 23, 2021
  • Construction Type Stick, Concrete and Stucco

The Foothills Plaza Professional Building is being sold at $4.5 million dollars or a 6.28 CAP on 2021 Revenues.  The Property is fully leased with 11 tenants, 6 of whom are medical (74%).  The Property consists of approximately 22,000 gross sqft and 20,572 square feet of rentable space and is located on South River Road, just South of the IHC Regional Medical Center in St. George, Utah.  The Subject Property sits on a 1.23 acre parcel at the SE corner of 900 South Street and River Road (923 S. River Road).  The building has 2  floors and is constructed of concrete, steel, wood and stucco .  There are  81 parking stalls, 9 are covered.    Professional Property Management is available.

 

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Location

  • City Saint George, UT
  • Neighborhood Cox Landing - Meadow Creek Est
  • Zip Code 84790
  • Market Salt Lake City

Contacts

broker

Jeff Reber

Real Estate Asset Strategies

(435) 656-8238

Highlights

  • 923 South River Road, on SE corner of River Road and 900 South Street in St. George, UT.. just two blocks south of IHC Regional Medical Center
  • Close to IHC Regional Medical Center (just two blocks south)
  • Easy Access to I-15 and Downtown St. George (5 minutes)
  • Good Tenant Mix with spaced roll-over for Leases
  • Great Exposure on Busy North/South River Road.
  • Redundant Fiber Optic and 24/7 Security System and Access by Tenants
  • 6.2% CAP Rate on Asking Price

Contact Listing Broker

broker

Jeff Reber

Real Estate Asset Strategies

(435) 656-8238

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