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2460 W 400 N

6,940 SF 100% Leased Office Building Cedar City, UT 84720 $4,977,000 CAD ($717 CAD/SF) 4.29% Cap Rate

Office Space Utah Cedar City 2460 W 400 N, Cedar City, UT 84720

Investment Highlights

  • Four interconnected suites, each approximately 750
  • Large parking lot providing ample parking
  • Located behind the old Vivint building, west of the Maverick gas station on Airport Road

Executive Summary

Located just off Highway 56 and a few miles from I-15, this prime location offers convenience and accessibility. All tenants are leased for at least 5 years and one lease is for 20 years.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,940 SF
Building Class
B
Year Built/Renovated
1996/2017
Price
$4,977,000 CAD
Price Per SF
$717 CAD
Cap Rate
4.29%
NOI
$213,300 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,940 SF
Building FAR
0.05
Lot Size
3.39 AC
Parking
200 Spaces (28.82 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Numbers
Multiple
  • B-0749-0000-0000
  • B-0003-0012-0000
 Improvements Assessment $1,389,973 CAD
Land Assessment $388,483 CAD Total Assessment $1,778,456 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • B-0749-0000-0000
  • B-0003-0012-0000
Land Assessment
$388,483 CAD
Improvements Assessment
$1,389,973 CAD
Total Assessment
$1,778,456 CAD
(435) 708-0017

Contact

  • Steve Crawley
    Steve Crawley
  • GotSafety

  • Listing ID: 32581087

  • Date on Market: 2024-07-25

  • Last Updated:

  • Address: 2460 W 400 N, Cedar City, UT 84720

The Office Property at 2460 W 400 N, Cedar City, UT 84720 is currently available for sale. Contact GotSafety for more information.

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2460 W 400 N
(435) 708-0017 x

2460 W 400 N

Steve Crawley

(435) 708-0017

(435) 708-0017

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