168 100St. George, UT 84770

This exceptional investment opportunity presents a fully leased, multi-tenant office complex in St. George, Utah's central business district. Comprising two buildings totaling 27,876 square feet on a 1.36-acre lot, the property features 37 units across two stories, currently boasting 100% occupancy with 34 tenants. Built in 1960 and 1973, and extensively renovated in 2023, the property is zoned C-4 Commercial. The current Net Operating Income (NOI) stands at $230,000, with a pro-forma NOI projected at $280,000, yielding a current cap rate of 5.41% and a pro-forma cap rate of 6.59%. The asking price is $4,250,000, translating to $152.46 per square foot and $114,864.86 per unit. This value-add opportunity offers significant upside potential for savvy investors. The property's prime location at 168 N 100 E & 130 E 200 N, St. George, UT 84770, ensures high visibility and accessibility. The gross lease structure simplifies management, while the strong tenant base provides immediate cash flow. This is a rare chance to acquire a well-positioned, income-producing asset in a thriving market. The property's solid foundation, recent renovations, and strong tenant occupancy make it an attractive investment prospect with considerable long-term growth potential.