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Office

Single Tenant Office/Warehouse/Yard - 4.5 Acres

345 E Riverside Dr, St. George, UT 84790

Listing Price: Request For Offer

Gross SF
30,867
Rentable SF
30,867
Lot Size
4.50 acres
Year Built
1994

Investment Overview

Marcus & Millichap is pleased to present an incredible opportunity to lease a single-tenant office/warehouse building plus ware-yard situated upon a large 4.5 acre lot on strategically located East Riverside Drive just east of Interstate 15.

The Bureau of Land Management has occupied this building since 1997 and is currently planning a re-location due to an expansion requirement for additional building and yard space.

The subject property is an ideal location for many tenant uses. Some of the many building enhancements include a remodeled lobby area with added safety barriers, updated HVAC systems, recently replaced carpet, an updated parking lot, site improvements including concrete added to improve drainage, as well as ongoing periodic maintenance. The rear of the property includes a gated ware-yard with covered parking, secure storage, and a storage building.

The subject is a free-standing building containing a total of 30,867 square feet, split between 25,035 square feet of office space (81%) and 5,832 square feet (19%) raised warehouse that includes mezzanine storage. The premises provide 16% of the site coverage with a Land-to-Building ratio of 6.35 : 1. Additional amenities include approximately 1,260 square feet of covered yard parking and a 600 square foot block storage building.

The interior features a reception area, office areas, a bull pen office and storage areas. Floor coverings include carpet and concrete. The walls are painted drywall and the ceilings are 10 foot high drop tile. There are 7 restrooms located within the facility.

Mechanical systems include 110/220 3-phase electrical, fire sprinklers and a security system.

There are 124 surface parking spaces representing a 4.02/1,000 parking ratio.

Commercial front and man doors are located around the office area. The warehouse has a large roll-up door with a man door. Warehouse space features heat and evaporative cooling.

Investment Highlights

  • Well-located single-tenant office/warehouse building situated upon a large 4.5 acre lot.
  • Free-standing building containing a total of 30,867 square feet, split between 25,035 square feet of office space (81%) and 5,832 square feet (19%) raised warehouse that includes mezzanine storage.
  • Rear of the property includes a gated ware-yard with covered parking, secure storage, and a storage building.
  • Remodeled lobby area with added safety barriers, updated HVAC systems, recently replaced carpet, updated parking lot, concrete added to improve drainage, periodic ongoing maintenance. Mechanical systems include 110/220 3-phase electrical, fire sprinklers, and a security system. 124 surface parking spaces representing a 4.02 : 1,000 parking ratio.
  • Estimated 480 linear feet of frontage along East Riverside Drive.
  • Formerly built-to-suit for the Bureau of Land Management St. George Field Office.
  • Anticipated occupancy date of January 2025 to allow the Bureau of Land Management the ability to fulfill its lease term.
  • Landlord is agreeable to making reasonable building/site improvements to satisfy lessee requirements (to be amortized over the initial lease term at a market rate of interest).

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Financing By

Office

Single Tenant Office/Warehouse/Yard - 4.5 Acres

Listing Price: Request For Offer

Gross SF
30,867
Rentable SF
30,867
Lot Size
4.50 acres
Year Built
1994

Investment Highlights

  • Well-located single-tenant office/warehouse building situated upon a large 4.5 acre lot.
  • Free-standing building containing a total of 30,867 square feet, split between 25,035 square feet of office space (81%) and 5,832 square feet (19%) raised warehouse that includes mezzanine storage.
  • Rear of the property includes a gated ware-yard with covered parking, secure storage, and a storage building.
  • Remodeled lobby area with added safety barriers, updated HVAC systems, recently replaced carpet, updated parking lot, concrete added to improve drainage, periodic ongoing maintenance. Mechanical systems include 110/220 3-phase electrical, fire sprinklers, and a security system. 124 surface parking spaces representing a 4.02 : 1,000 parking ratio.
  • Estimated 480 linear feet of frontage along East Riverside Drive.
  • Formerly built-to-suit for the Bureau of Land Management St. George Field Office.
  • Anticipated occupancy date of January 2025 to allow the Bureau of Land Management the ability to fulfill its lease term.
  • Landlord is agreeable to making reasonable building/site improvements to satisfy lessee requirements (to be amortized over the initial lease term at a market rate of interest).

Investment Overview

Marcus & Millichap is pleased to present an incredible opportunity to lease a single-tenant office/warehouse building plus ware-yard situated upon a large 4.5 acre lot on strategically located East Riverside Drive just east of Interstate 15. The Bureau of Land Management has occupied this building since 1997 and is currently planning a re-location due to an expansion requirement for additional building and yard space. The subject property is an ideal location for many tenant uses. Some of the many building enhancements include a remodeled lobby area with added safety barriers, updated HVAC systems, recently replaced carpet, an updated parking lot, site improvements including concrete added to improve drainage, as well as ongoing periodic maintenance. The rear of the property includes a gated ware-yard with covered parking, secure storage, and a storage building. The subject is a free-standing building containing a total of 30,867 square feet, split between 25,035 square feet of office space (81%) and 5,832 square feet (19%) raised warehouse that includes mezzanine storage. The premises provide 16% of the site coverage with a Land-to-Building ratio of 6.35 : 1. Additional amenities include approximately 1,260 square feet of covered yard parking and a 600 square foot block storage building. The interior features a reception area, office areas, a bull pen office and storage areas. Floor coverings include carpet and concrete. The walls are painted drywall and the ceilings are 10 foot high drop tile. There are 7 restrooms located within the facility. Mechanical systems include 110/220 3-phase electrical, fire sprinklers and a security system. There are 124 surface parking spaces representing a 4.02/1,000 parking ratio. Commercial front and man doors are located around the office area. The warehouse has a large roll-up door with a man door. Warehouse space features heat and evaporative cooling.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

Financing By

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