$35M CO-SPONSORSHIP OPPORTUNITY FOR ACQUISITION & DEVELOPMENT
700,000 SQ FT of land @ $12.86 per SQ FT / Comps: $20 per SQ FT
$18M+ Projected Yield / 10 Pads Leased Already
Saint George, Southern Utah's Premier Shopping & Professional Center
Boulder Creek Crossing is situated in the heart of Saint George, Utah which is one of the fastest growing cities in the country. Boulder Creek Crossing is well positioned to become St. George’s only true lifestyle center. Adjacent to the property, Maverick Adventures Gas Station has quickly become one of the busiest gas stations in town due to its excellent location. This will be the “There-There” for residents and the estimated 5,000,000 annual visitors alike. Current traffic flow around the property is at 35,000 cars a day and growing. Boulder Creek Crossing is the perfect fit for the area, surrounded by large residential neighborhoods, a beautiful river walkway, and mountain views. Boulder Creek Crossing will become the closest food, office and retail shopping for the thousands in this special, pristine area.
Deal Highlights:
- Land zoned for commercial, office, hotel, gas stations and grocery shopping.
- Average annual household income: $65K / 3 mile radius
- Comps are currently valued at $24 per sq ft.
- Commercial Pads are entitled.
- 6 drive-thru’s approved / 35,000 car traffic per day
- Brand New Airport with direct flights to Los Angeles, Phoenix, Denver, Las Vegas and Salt Lake City.