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Red Hills Commercial Center 2051 E Red Hills Pky 20,000 SF 86% Leased Retail Building St George, UT 84770 $7,595,000 ($379.75/SF) 6.50% Cap Rate
Investment Highlights
- Trophy Multi-Tenant Retail Asset with I-15 Visibility
- Outstanding I-15 Visibility & Exposure
- Recently Repainted, immaculately maintained, and Abundant Natural Light with Expansive Windows
- Long-Term Tenancies show strength of location and visibility
- Ideal for Retail, Office, Creative Use, and Flex Users
- Modern Finishes, colors, polished concrete floors, high ceilings
Executive Summary
Long-Term Tenancies show strength of location and visibility
Outstanding I-15 Visibility & Exposure
Ideal for Retail, Office, Creative Use, and Flex Users
Recently Repainted, immaculately maintained, and Abundant Natural Light with Expansive Windows
Modern Finishes, colors, polished concrete floors, high ceilings
I-15 Visibility, and High Traffic Counts on Red Hills Parkway, Great accessibility to Red Hills Parkway
Suite 11 is only available space, current tenant to be vacating soon, with upside in the rents
Pro forma 6.5% CAP Rate with Suite 11 leased at an aggressive market lease rate
I-15 Corridor continues to be the retail and office segments’ strongest location market-wide
Perfect for Partial Owner-Occupant, or Investor, with fantastic opportunity to grow your business
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Arts, Entertainment, and Recreation
- -
- -
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The Vault is so much more than just a dance studio. Built on a foundation of service, we teach our student the importance of using their talents to bless the lives of others. Every year we find someone in our community going through their own real life calamity and raise awareness and money for them through fundraising events and semi-annual dance concerts. 100% of proceeds raised in the benefit concert and fundraisers go to our cause!
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Fantastic retail space located just off Red Hills Parkway. Perfect for a business demanding the best exposure (I-15 visibility). This property boasts expansive floor plans ideal for retail, office, or creative spaces. Large windows flood the interiors with natural light, enhancing the contemporary aesthetic of polished concrete floors and high ceilings. Ample parking, high visibility, and easy accessibility enhance the property's appeal. This is a unique opportunity to establish your business in a thriving commercial corridor in St George.
| Space | Size | Space Use | Position | Available |
| Suite 11 | 2,710 SF | Retail | - | Now |
Suite 11
| Size |
| 2,710 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Suite 11
| Size | 2,710 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Fantastic retail space located just off Red Hills Parkway. Perfect for a business demanding the best exposure (I-15 visibility). This property boasts expansive floor plans ideal for retail, office, or creative spaces. Large windows flood the interiors with natural light, enhancing the contemporary aesthetic of polished concrete floors and high ceilings. Ample parking, high visibility, and easy accessibility enhance the property's appeal. This is a unique opportunity to establish your business in a thriving commercial corridor in St George.
Nearby Major Retailers
Property Taxes
| Parcel Number | 0033194 | Improvements Assessment | $4,643,400 |
| Land Assessment | $1,374,200 | Total Assessment | $6,017,600 |
Property Taxes
Contact the Sale Advisor
Red Hills Commercial Center | 2051 E Red Hills Pky