3301 Deseret DR, St George, UT 84790

$8,500,000
Property Type: Commercial Square Footage: 43,000 Lot Size (sq. ft.): 144,619 Status: Active
Current Price: $8,500,000 List Date: 8/14/2024 Last Modified: 5/11/2026

Description

Prime Industrial Investment Opportunity - St. George, Utah Position your portfolio for long-term stability and growth with this exceptional industrial asset located in the thriving market of St. George. Constructed in 1989 and thoughtfully remodeled in 2019, this well-maintained, single-tenant manufacturing facility offers both modern functionality and proven performance. Spanning an impressive 43,000 square feet on a 3.32-acre parcel, the property is ideally suited for large-scale manufacturing, distribution, or industrial operations. The building features approximately 20-foot clear heights in the warehouse and 10-foot clear heights in the packaging area, providing flexibility for a variety of operational needs. Zoned M-2 Industrial, this property supports a wide range of heavy industrial uses, making it a highly versatile and valuable asset in today's competitive market. Investors will appreciate the secure, long-term tenancy in place through September 30, 2030, delivering consistent income and minimizing near-term leasing risk. With a CAP rate of 5.5%, this property presents a compelling balance of stability and return. Strategically located in St. George City, one of Utah's fastest-growing economic hubs, the property benefits from strong regional growth, excellent accessibility, and a business-friendly environment. Highlights: 43,000 SF single-tenant industrial building 3.32-acre site M-2 Industrial zoning 20' warehouse clear height / 10' packaging clear height Remodeled in 2019 Tenant in place through 9/30/2030 5.5% CAP rate Prime St. George location This is a rare opportunity to acquire a stabilized industrial investment in a high-demand market. Ideal for investors seeking dependable cash flow with long-term upside. Please do not disturb Tenant.

More Information MLS# 24-253614

Contract Info

Original List Price: 8800000 List Price/SqFt: 204.65 Offering Type: Sale Cap Rate: 5.5 Short Sale Status: No CAM: 0 Lease Price/Annual: 0 Lse Prc Mnth P/SqFt: 0 Lease Price Per: SF Lease Type: NNN List Price: $8,500,000 Current Price: $8,500,000 Listing Date: 2024-08-06

Location, Tax & Legal

Legal: Subdivision: MILLCREEK INDUSTRIAL PARK PARTIAL AMENDMENT A (SG) Lot: 134 Total Taxes: 24618.86 Tax Year: 2023 Geo Lat: 37.11453 Geo Lon: -113.515804 House Number: 3301 Street Name: Deseret Street Suffix: DR MLS Area: Greater St. George State/Province: UT Postal Code: 84790 County: Washington Tax ID: SG-MIP-134-PT-A-MD

General Property Info

Realtor.com: Commercial Lot Acres: 3.32 Available SqFt: 43000 # of Floors: 1.5 Listing Class: Other - See Remarks Total SqFt: 43000 Year Built: 1989

Remarks & Misc

Public Remarks: Prime Industrial Investment Opportunity - St. George, Utah Position your portfolio for long-term stability and growth with this exceptional industrial asset located in the thriving market of St. George. Constructed in 1989 and thoughtfully remodeled in 2019, this well-maintained, single-tenant manufacturing facility offers both modern functionality and proven performance. Spanning an impressive 43,000 square feet on a 3.32-acre parcel, the property is ideally suited for large-scale manufacturing, distribution, or industrial operations. The building features approximately 20-foot clear heights in the warehouse and 10-foot clear heights in the packaging area, providing flexibility for a variety of operational needs. Zoned M-2 Industrial, this property supports a wide range of heavy industrial uses, making it a highly versatile and valuable asset in today's competitive market. Investors will appreciate the secure, long-term tenancy in place through September 30, 2030, delivering consistent income and minimizing near-term leasing risk. With a CAP rate of 5.5%, this property presents a compelling balance of stability and return. Strategically located in St. George City, one of Utah's fastest-growing economic hubs, the property benefits from strong regional growth, excellent accessibility, and a business-friendly environment. Highlights: 43,000 SF single-tenant industrial building 3.32-acre site M-2 Industrial zoning 20' warehouse clear height / 10' packaging clear height Remodeled in 2019 Tenant in place through 9/30/2030 5.5% CAP rate Prime St. George location This is a rare opportunity to acquire a stabilized industrial investment in a high-demand market. Ideal for investors seeking dependable cash flow with long-term upside. Please do not disturb Tenant.

Type of Property

Industrial Manufacturing: 1

Other Features

Clear Height: 1 Clear Height Feet: 20 Dock High Doors: 1 Dock High Doors Comments: 3 doors Overhead Doors: 1 Overhead Doors Comments: 2 door 3 Phase Power: 1

Site Description

Tenant Occupied: 1 Other - See Remarks: 1

Construction

Tilt Up: 1 Wood Frame: 1

Zoning

Industrial: 1

Terms of Sale

Submit Any Offer: 1

Showing Instructions

Call Listing Agent: 1

Possession

Other: 1

Status Change Info

Status: Active

Property Features

Type of Property: Industrial Manufacturing Other Features: Clear Height; Dock High Doors; Overhead Doors; 3 Phase Power Site Description: Tenant Occupied; Other - See Remarks Construction: Tilt Up; Wood Frame Showing Instructions: Call Listing Agent Zoning: Industrial Terms of Sale: Submit Any Offer Possession: Other
Listing Office: SUPERIOR REAL ESTATE SALES.COM
Last Updated: May - 11 - 2026
Information deemed reliable but not guaranteed.