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$1,299,000
1166 S Sage Dr #4
Cedar City, UT 84720
MLS# 25-258825
Status: Closed
21676 sqft
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Property Description
Prime Commercial in the heart of Cedar City. 6,404 sq ft of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.

Details
Maps
Documents
Contract Info
Original List Price: 1600000
List Price/SqFt: 249.84
Offering Type: Sale
Cap Rate: 6.1
Short Sale Status: No
CAM: 885
Lease Price/Annual: 97689
Lse Prc Mnth P/SqFt: 8140
List Price: $1,299,000
Current Price: $1,299,000
Listing Date: 2025-02-26
General Property Info
Realtor.com: Commercial
Lot Acres: 2.33
Available SqFt: 6404
# of Floors: 1
Listing Class: Other - See Remarks
Total SqFt: 21676
Year Built: 2000
Remarks & Misc
Directions: From I-15 head west on main street. Right on royal hunter drive. Right on Sage drive. Turn left into parking lot at Brody's Mexican restaurant. right at the round about.
Status Change Info
Sold Price/SqFt: 55.36
Sold Date: 2025-11-12
Under Contract Date: 2025-10-22
Status: Closed
Type of Property
Commercial: 1
Site Description
Tenant Occupied: 1
Construction
Stucco: 1
Wood Frame: 1
Zoning
Commercial: 1
Showing Instructions
Call Listing Agent: 1
Possession
Other: 1
Location, Tax & Legal
Geo Lat: 37.65762
Geo Lon: -113.082421
House Number: 1166
Street Direction Pfx: S
Street Name: Sage Dr #4
MLS Area: Outside Area
State/Province: UT
Postal Code: 84720
County: Iron
Tax ID: 0413564
Property Features
Type of Property: Commercial
Site Description: Tenant Occupied
Construction: Stucco; Wood Frame
Showing Instructions: Call Listing Agent
Zoning: Commercial
Possession: Other
Listing Office: ERA Realty Center

Last Updated: November - 12 - 2025

Information deemed reliable but not guaranteed.

Broker Attribution: 435-586-2777
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