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Established Restaurant and Real Estate Sale 212 N 900 E 3,665 SF Retail Building St George, UT 84770 $1,790,000 ($488.40/SF) 6.70% Cap Rate



Investment Highlights
- Highly profitable, established restaurant business and real estate
- Includes FF&E, business value, and goodwill.
- Tenant to sign a 10 Year Lease, $10,000 per month NNN with a 10% increase after five years.
Executive Summary
Panda Garden Restaurant. Quietly marketed, DO NOT DISTURB TENANT or operations.
Highly profitable, established restaurant business and real estate
Owner prefers to sell the business and real estate together: Price $2,280,000
Real Estate Only: Price $1,790,000
Business Only: Price $490,000
Tenant to sign a 10 Year Lease, $10,000 per month NNN with a 10% increase after five years.
Includes FF&E, business value, and goodwill.
Highly profitable, established restaurant business and real estate
Owner prefers to sell the business and real estate together: Price $2,280,000
Real Estate Only: Price $1,790,000
Business Only: Price $490,000
Tenant to sign a 10 Year Lease, $10,000 per month NNN with a 10% increase after five years.
Includes FF&E, business value, and goodwill.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,665 SF
Building Class
C
Year Built
1977
Price
$1,790,000
Price Per SF
$488.40
Cap Rate
6.70%
NOI
$119,930
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
Highway Commercial - Highway Commercial Zoning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0022049 | Improvements Assessment | $299,600 |
| Land Assessment | $512,100 | Total Assessment | $811,700 |
Property Taxes
Parcel Number
0022049
Land Assessment
$512,100
Improvements Assessment
$299,600
Total Assessment
$811,700
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Established Restaurant and Real Estate Sale | 212 N 900 E
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