1580 Gtwy Dr St. George, UT 84770

This exceptional investment opportunity presents a brand-new, 23,258-square-foot auto shop in St. George, Utah, leased to Cascade Collision Repair, a regional leader in collision repair services. The property boasts a 15-year absolute NNN lease commencing March 30, 2025, and expiring May 31, 2040, with a substantial remaining term of 15.5 years. The lease includes a favorable 3% annual rent increase, effectively mitigating inflation risks. Two 5-year lease options further enhance the long-term stability of this investment. The property sits on a 2.01-acre lot with irreplaceable frontage on a high-traffic thoroughfare (37,000 vehicles per day), ensuring exceptional visibility and accessibility. The tenant, backed by the Quality Collision Group (QCG), a national operator of collision repair centers, provides a strong corporate guarantee. With a current NOI of $450,000 and an asking price of $7,200,000, this property offers a compelling 6.25% cap rate. Located in one of Utah's fastest-growing cities, this investment benefits from significant tax advantages through accelerated depreciation and cost segregation. This is a passive investment opportunity with zero landlord responsibilities, offering substantial returns in a thriving market. The property was built in 2025 and enjoys 100% occupancy. The price per square foot is $309.57.