246 E Fiddlers Canyon Rd - Loft/Creative Space FOR SALE


Cedar City, UT 84721
$1,500,000 USD
435-590-5586
246 E Fiddlers Canyon Rd, Cedar City, UT for Sale
$1,500,000 USD
Loft/Creative Space - FOR SALE
1/26
null | 7% Cap Rate

246 E Fiddlers Canyon Rd
Cedar City, UT 84721


OVERVIEW

Fantastic building in a good location with so much opportunity! The building is 8859 sq. ft. with 13 office spaces, 4 large multi purpose rooms, 1 large conference room, a kitchen area, large gym, ample parking and outdoor area. Immediate rental income! There is currently a lease in place on the property. Lease terms: - Triple net - Lease term through 10/1/2027 - Monthly lease amount $11,073.75 - Tenant to pay for all utilities.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

Commericial

APN/PARCEL ID

B-0001-0009-0023-03

ASK ABOUT THIS PROPERTY

Steve NelsonStratum Real Estate GroupMore Info
435-590-5586

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Steve NelsonStratum Real Estate GroupMore Info
435-590-5586

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