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Wilson Connectivity 1450 E Venture Dr 90,236 SF 5-Star Industrial Building Saint George, UT 84790 $23,500,000 ($260.43/SF) 6.18% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Net lease with a strong tenant
  • Brand new construction
  • Located within the Fort Pierce Industrial Park
  • Long term primary lease - 10 years remaining
  • Attractive 2.5% annual increases

EXECUTIVE SUMMARY

Cushman & Wakefield is pleased to present the opportunity to acquire a 10-year net lease investment located at 1450 E Venture Drive in St. George, Utah. The brand-new ±90,236-square-foot industrial facility is leased to Wilson Connectivity, a national leader in cellular signal amplification and connectivity solutions. The NNN lease structure provides investors with stable, long-term income, supported by 2.5 percent annual rent increases and two five-year renewal options.
Founded and headquartered in St. George, Wilson Connectivity has been enhancing wireless connectivity for more than 25 years and is widely recognized for its trusted brands WilsonPro and weBoost. The company manufactures all products in the United States and distributes through more than 3,000 authorized dealers and installers nationwide, serving commercial, residential, and government clients. Backed by strong market leadership and ongoing demand for wireless and 5G infrastructure, Wilson Connectivity continues to experience robust, sustained growth.
Strategically positioned within the Fort Pierce Industrial Park, an established and sought-after industrial district, the property benefits from direct access to Interstate 15, providing connectivity to Salt Lake City, Las Vegas, and Southern California. The surrounding trade area features a population exceeding 152,000 residents within a ten-mile radius and strong average household incomes of more than $128,000 within three miles.
St. George is one of Utah’s fastest-growing industrial markets, supported by exceptional population growth, a diversified economy, and a business-friendly environment. With approximately 8.7 million square feet of industrial inventory and a sub-5 percent vacancy rate, the region is emerging as a key logistics and manufacturing hub in the Southwest.
This offering represents a rare opportunity to acquire a brand-new, long-term net lease asset backed by a nationally recognized tenant and positioned within a thriving industrial corridor in one of the most dynamic markets in the western United States.

PROPERTY FACTS

Price $23,500,000
Price Per SF $260.43
Sale Type Investment
Cap Rate 6.18%
Property Type Industrial
Property Subtype Manufacturing
Building Class A
Lot Size 5.00 AC
Rentable Building Area 90,236 SF
No. Stories 1
Year Built 2025
Tenancy Single
Parking Ratio 2.74/1,000 SF
Clear Ceiling Height 35’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Zoning M-1 - Industrial

AMENITIES

  • 24 Hour Access

UTILITIES

  • Lighting
  • Water - City
  • Sewer - City

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Wilson Connectivity
  • -
  • 90,236 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Wilson Connectivity - 90,236 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1211978
Land Assessment
$1,416,500
Improvements Assessment
$0
Total Assessment
$1,416,500
  • Listing ID: 36910790

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 1450 E Venture Dr, Saint George, UT 84790

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