UT
Iron
Cedar City
84720
1116 S SAGE DR
1116 S SAGE DR, Cedar City, UT 84720
Share Listing
Listing Type
Commercial/Industrial
Listing Status
under contract
33
$1,299,000

Home Details for 1116 S SAGE DR

Price
$1,299,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2000
Lot size acres
2.33
County
Iron
Garage
Days on site
85
MLS Listing#
2104917
Property 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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • None
Listing Courtesy: ERA Realty Center Inc - 435-586-2777
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-10-22 13:30:38
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Wasatch Front Regional MLS.
EXIT REALTY LEGACY EXCELLENCE
169 West 2710 South Circle Ste 201B, St. George, UT 84790
Office
801 824 0678
Request more details
Code: