REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,250,000
Est. payment /mo
New
1490 W STATE ST Hurricane, UT 84737
3.9 Acres Lot
UPDATED:
01/04/2025 11:25 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Hurricane Field Survey
MLS Listing ID 2056772
Construction Status To Be Built
HOA Y/N No
Year Built 1980
Annual Tax Amount $2,079
Lot Size 3.900 Acres
Acres 3.9
Lot Dimensions 0.0x0.0x0.0
Property Description
Legend Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding, L&G Auto Sales investment property located in Hurricane, Utah. The tenant, Ahern Rentals, Inc., subleases the site to L&G Auto Sales, LLC, on a month to month lease. The current lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Furthermore, the property is zoned Highway Commercial, allowing for a wide-range of potential uses. The subject property is strategically positioned along W. State Street/State Highway 9 (37,000 VPD), the primary retail thoroughfare serving the immediate area. The highway features national/credit tenants including Tractor Supply Co., Walgreens, McDonalds, Wendy's, and Arby's. Moreover, the State Highway is frequently utilized by tourists traveling to the Zion National Park. The world-famous tourist attraction receives 5M+ annual visits, providing a significant economic boost to the surrounding area. The city of Hurricane has experienced significant growth in its residential population throughout the last decade, and is forecasted to continue such trend in the future due to its unique blend of outdoor recreation activity and suburban community. The consistent growth of the residential community and school systems, highlighted by Hurricane High School (1,200+ students) 1-mile from the property, has generated strong demand for additional commercial and retail in the city. The 5-mile trade area is supported by a population of over 28,700 residents and 5,500 employees with an average household income of $111,789 within 1-mile of the site.
Location
State UT
County Washington
Area N Hrmny; Hrcn; Apple; Laverk
Zoning Commercial, Industrial
Interior
Fireplace No
Exterior
Exterior Feature Warehouse
View Y/N No
Present Use Industrial
Private Pool No
Building
New Construction Yes
Construction Status To Be Built
Others
Senior Community No
Tax ID H-3-1-33-2449
Listed by LEGEND PARTNERS ll, LLC