Property Facts Property Features Schools 145 days on UtahRealEstate.com

Property Facts

Days on URE 145
Status ACTIVE
MLS# 2052152
Property Type Retail
Year Built 2005

What an awesome investment opportunity! Well established bar/restaurant with a liquor license. Lease goes through March 31, 2027, with two five year options with ten percent increases every five years. The tenant recently invested $200,000+ in property upgrades. The year built is an effective year, actual year built is unknown to seller. Cedar City is continues to grow quickly. It currently has a population of 41,400 and is projected to reach 56,400 in the next decade. Growth rate has been 3.73%. per annum since the last census. It is the home to Southern Utah State University and the world renowned Shakespearean Festival

Misc. Overview

Sub-Lease
No
Lease Type
Modified Gross
Quadrant
NW
Construction Status
Blt./Standing
Business For Sale
No
Business Only, No Real Estate
No
Business Name
Toadz

Property Features

Retail Features

Other Features

Property Size

Schools

Designated Schools

Elementary School
Middle School
High School
School District

Nearby Schools

School data provided by GreatSchools.

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Contact Agent

Thayne D. Bailey
Thayne D. Bailey
801-319-2975

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Listing Broker

Essential Real Estate LLC Company Logo
Essential Real Estate LLC
505 South Orem Blvd
Orem, UT 84058
801-319-2975

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