1166 S Sage Dr #4, Cedar City, UT 84720

$1,383,784
Property Type: Commercial Square Footage: 21,676 Lot Size (sq. ft.): 101,495 Status: Active
Current Price: $1,383,784 List Date: 2/27/2025 Last Modified: 8/12/2025

Description

Prime Commercial in the heart of Cedar City. 6,404 sq ft of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.

More Information MLS# 25-258825

Contract Info

List Price/SqFt: 63.84 Offering Type: Sale Cap Rate: 6.1 Short Sale Status: No CAM: 885 Lease Price/Annual: 97689 Lse Prc Mnth P/SqFt: 8140 List Price: $1,383,784 Current Price: $1,383,784 Listing Date: 2025-02-26

General Property Info

Realtor.com: Commercial Lot Acres: 2.33 Available SqFt: 6404 # of Floors: 1 Listing Class: Other - See Remarks Total SqFt: 21676 Year Built: 2000

Remarks & Misc

Directions: From I-15 head west on main street. Right on royal hunter drive. Right on Sage drive. Turn left into parking lot at Brody's Mexican restaurant. right at the round about.

Type of Property

Commercial: 1

Site Description

Tenant Occupied: 1

Construction

Stucco: 1 Wood Frame: 1

Zoning

Commercial: 1

Showing Instructions

Call Listing Agent: 1

Possession

Other: 1

Location, Tax & Legal

Geo Lat: 37.65762 Geo Lon: -113.082421 House Number: 1166 Street Direction Pfx: S Street Name: Sage Dr #4 MLS Area: Outside Area State/Province: UT Postal Code: 84720 County: Iron Tax ID: 0413564

Status Change Info

Status: Active

Property Features

Type of Property: Commercial Site Description: Tenant Occupied Construction: Stucco; Wood Frame Showing Instructions: Call Listing Agent Zoning: Commercial Possession: Other
Listing Office: ERA Realty Center
Last Updated: August - 12 - 2025
Broker Attribution: 435-586-2777

Information deemed reliable but not guaranteed.