Agent Comments
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
Amenities
- Real Estate
Interior Features
- Cool System: Central Air
- Heat System: Forced Air, Natural Gas
- Floors: Carpet, Tile
- Interior: Floor Drains, Basement, Cold Storage, Dishwasher, Kitchen, Restroom: Public, Sprinkler System Fire
Exterior Features
- Roof: Metal
- Exterior: Paved Parking
Additional Features
- County: Iron
- Property Type: Retail
- Tax Number: B-1335-0007-00002
- Stories: 0
- Year Built: 2005