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1166 S Sage Dr #4, Cedar City, UT 84720
$1,299,000
Property Type:
Commercial
Square Footage:
21,676
Lot Size (sq. ft.):
101,495
Status:
Closed
Current Price:
$1,299,000
List Date:
2/27/2025
Last Modified:
11/12/2025
Overview
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.
Listing Details MLS# 25-258825
Location, Tax & Legal
- 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
Contract Info
- Offering Type
- Sale
- Original List Price
- 1600000
- List Price/SqFt
- 249.84
- Cap Rate
- 6.1
- CAM
- 885
- Lease Price/Annual
- 97689
- Lse Prc Mnth P/SqFt
- 8140
- Short Sale Status
- No
General Property Info
- Listing Class
- Other - See Remarks
- Realtor.com
- Commercial
- Lot Acres
- 2.33
- Total SqFt
- 21676
- Available SqFt
- 6404
- # of Floors
- Yes
- Year Built
- 2000
Status Change Info
- Sold Date
- 2025-11-12
- Under Contract Date
- 2025-10-22
- Sold Price/SqFt
- 55.36
Remarks & Misc
- Public Remarks
- 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.
- 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.
Type of Property
- Commercial
- Yes
More Information
Site Description
- Tenant Occupied
- Yes
Construction
- Stucco
- Yes
- Wood Frame
- Yes
Zoning
- Commercial
- Yes
Showing Instructions
- Call Listing Agent
- Yes
Possession
- Other
- Yes
Property Features
Type of Property:
Commercial
Site Description:
Tenant Occupied
Construction:
Stucco; Wood Frame
Showing Instructions:
Call Listing Agent
Zoning:
Commercial
Possession:
Other
Documents
Listing Office:
ERA Realty Center
Last Updated: November - 12 - 2025
Broker Attribution:
435-586-2777
Information deemed reliable but not guaranteed.
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