Warehouse Bar & Kitchen 432 N 100 W 10,500 SF Retail Building Cedar City, UT 84721 $1,199,000 ($114.19/SF) 7.57% Cap Rate

What an awesome investment opportunity! Well established bar/restaurant with a liquor license. Lease goes through March 31, 2027, with two five year options with ten percent increases every five years. The tenant recently invested $200,000+ in property upgrades. The year built is an effective year, actual year built is unknown to seller. Cedar City is continues to grow quickly. It currently has a population of 41,400 and is projected to reach 56,400 in the next decade. Growth rate has been 3.73%. per annum since the last census. It is the home to Southern Utah State University and the world renowned Shakespearean Festival. This is a NN listing. The owner pay taxes and insurance for the building.