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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



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.
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 | Rentable Building Area | 90,236 SF |
| Price Per SF | $260.43 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2025 |
| Cap Rate | 6.18% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.74/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 35’ |
| Building Class | A | No. Dock-High Doors/Loading | 5 |
| Lot Size | 5.00 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 - Industrial | ||
| 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 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 1211978 | Improvements Assessment | $0 |
| Land Assessment | $1,416,500 | Total Assessment | $1,416,500 |
PROPERTY TAXES
Parcel Number
1211978
Land Assessment
$1,416,500
Improvements Assessment
$0
Total Assessment
$1,416,500
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Wilson Connectivity | 1450 E Venture Dr
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