St George Blvd & River Road C-Stores SOLD!

Neil Walter at NAI Excel was exclusively retained to market and sell Red Cliffs Market located at 1409 E St. George Blvd and St. George Food Mart located at 81 N River Road, both located in St. George, Utah.

Red Cliffs Market is 2,739 SF on .55 acre built in 1990, and St. George Food Mart is 2,940 SF on .88 acre built in 1993, are located on the busiest corner in St. George where St. George Blvd. and River Road meet.

Neil Walter represented the seller and overcame challenges to close this transaction.

“The Market Conditions for the sale of this property were very favorable for the seller. The buyer was also able to gain a great investment property in a very high traffic location. We were pleased to negotiate and market this property on the seller’s behalf.” stated Neil Walter of NAI Excel.

Neil Walter

Neil is both partner and CEO for Brokers Holdings. His client base is primarily focused on investment properties, development land, special use assets with or without the accompanying business, and difficult to sell REO properties. Neil’s professional experience is built on a capital markets foundation of deal structuring, cash flow modeling, and asset pricing. He has worked on projects including development land, multifamily and student housing, convenience store portfolios, grocery stores, motel/hotel properties, manufacturing companies, transportation companies, wind farms, farms and ranches, professional service firms, and start-up entrepreneurial ventures. He has advised on transactions with or without real estate.

Chase Jensen

Chase’s insight and utilization of market research has created a competitive advantage for investors and developers throughout Utah. Prior to joining NAI Excel, Chase assisted in the adoption of Asset Management Software, focused on Customer Success and Satisfaction. He also speaks fluent Spanish providing the ability to consult with an international customer base.

About NAI Vegas and NAI Excel

NAI Excel and NAI Vegas are leading providers of Commercial Real Estate Services in the West. Operating as NAI Vegas in Nevada, and NAI Excel in Utah and Idaho, we are part of the NAI Global network covering nearly every major market nationally and across the globe. Serving both urban and rural markets, we leverage our resources to help you excel in your real estate goals. When you work with one of our team, you get the benefit of working with all of us.