427 S Main, 101-316 ST, Cedar City, UT 84720 (MLS# 21-223115)



$2,995,000
427 S Main, 101-316 ST
Cedar City, UT 84720
MLS# 21-223115
Status: Closed
17336 sqft


Front of building
  1 / 15  
Front of building Main Entry 2nd floor from elevator SW Stairs to 3rd floor East foyer of 2nd floor East staircase from 2nd floor South hall 2nd floor Reception area 3rd floor Shared conference room 3rd floor North hallway from East stairs 3rd floor South side Premier Plaza North corner Premier Plaza Aerial view South side North side aerial view North side with parking

Property Description
Premier Plaza offers the investor an opportunity to acquire a modern, high-quality office building, with a variety of professional tenants. The property is in the high demand South Main Street area of Cedar City. The office building consists of 17,335 Sq. Ft. which sits on .87 acres and is close to freeways and other businesses

Details
Documents
Contract Info
Offering Type: Sale
List Price: $2,995,000
Current Price: $2,995,000
List Price/SqFt: 172.76
CAM: 0.25
Lease Price/Annual: 15.48
Lse Prc Mnth P/SqFt: 1.44
Lease Price Per: SF
Lease Type: NNN
CAM Rate Per: Month
Listing Date: 2021-05-19
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.669645
Geo Lon: -113.061342
House Number: 427
Street Direction Pfx: S
Street Name: Main, 101-316
Street Suffix: ST
MLS Area: Outside Area
State/Province: UT
Postal Code: 84720
County: Iron
Tax ID: 0491375
Total Taxes: 19114.08
Tax Year: 2020
General Property Info
Listing Class: Office
Realtor.com: Commercial
Lot Acres: 0.87
Total SqFt: 17336
Available SqFt: 17336
# Levels: 3
Year Built: 2006
Remarks & Misc
Directions: From 1-15 Take Exit 59 turn right on 200 North (Freedom Blvd) to Main St., turn right. just past intersection of 400 South & Main St. Rates vary from $12.48- $15.48 + CAM $.025
Status Change Info
Sold Date: 2022-02-08
Under Contract Date: 2021-12-01
Status: Closed
Sold Price/SqFt: 172.76
Other Features
Tenant Imprv Allow Comments: with owner approval
Property Features
Type of Property: Commercial; Office; Office Downtown; Office Medical; Office Other
Other Features: Elevator
Site Description: Tenant Occupied
Construction: Stucco; Wood Frame
Showing Instructions: Call Listing Agent
Zoning: Commercial
Supplements
Premier Plaza has a great rental history with long term tenants. The building offers Class A office spaces providing a professional atmosphere with a low vacancy factor. This property is a 3-story building with high visibility and drive by traffic, digital signage, and parking. Inside there are suites ranging from 214/SF to 5500/SF.

Listing Office: FATHOM REALTY CEDAR

Last Updated: February - 09 - 2022


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.