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2134 E Riverside Dr
St George, UT 84790
Property For Lease

HIGHLIGHTS

  • Location-Traffic, decor and vibe, beer license.

PROPERTY FACTS

Property Type Retail
Gross Leasable Area 7,285 SF
Total Land Area 1.16 AC
Year Built 2018
Parking Ratio 9.88/1,000 SF

ABOUT THE PROPERTY

This is a LEASE as well as a PURCHASE. The buyer is to assume the current lease which is $5082 per month with $941.37 per month in CAM's, as well as purchase the contents of the business for $324,900 or best offer. I can get you a complete inventory list upon request. The lease is a 10 year lease with 2, 5 year options. It is a thriving business that includes the Chronic Tacos franchise but you DO NOT have to use the franchise if you choose not to. The owner has City approval for a beer license and is just waiting for State approval which should be in the next 30-45 days. You can put anything in this space that is approved by the Landlord. It is best suited for a restaurant of course. If you are serious about purchasing this business and taking over the lease please contact me and I can send you the financials once you sign an NDA. This is a space in a strip mall type area with Smith's Grocery Store and ACE Hardware as the anchors. There is plenty of parking that is shared by the other 4 businesses in that strip. This is a very high traffic area. Dishwasher is excluded from the sale unless the Buyer continues with the Chronic Tacos franchise. Also the Coke and Tea dispensers are leased not owned. Those can also remain IF the new Buyer wants to continue with those particular companies.

  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 22660992

  • Date on Market: 4/6/2021

  • Last Updated:

  • Address: 2134 E Riverside Dr, St George, UT 84790

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