For Sale
$10,250,000

765 University AveProvo, UT 84601

Seven buildings, 100% occupied. High ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully leased industrial park in Provo, Utah. The property encompasses seven buildings totaling approximately 75,600 square feet, situated on a 3.052-acre lot. The buildings range in size from 8,400 to 11,800 square feet, offering a diverse range of flex space. Currently boasting 100% occupancy, this multi-tenant property generates substantial income. Located in a Heavy Commercial Zone, the property benefits from a prime location near revitalized Downtown Provo, the Provo FrontRunner commuter rail, and the I-15 University Avenue interchange. Its proximity to Provo Towne Center Mall further enhances its appeal. The asking price is $10,250,000, translating to $135.50 per square foot. The property's seven buildings are located at various addresses within Provo, UT 84601 and 84606, with specific addresses including 765-767 S University Ave, 735-737 South University Avenue, 709-711 South University Avenue, 74-78 East 700 South, 744 South 100 East, 91 East 780 South, and 81 E 780 S. The property's APNs are 52:085:0011

Highlights

  • 3.052-acre lot.
  • CM (Heavy Commercial) zoning.
  • Excellent location near revitalized Downtown Provo.
  • Adjacent to Provo FrontRunner station.
  • Convenient access to I-15 University Avenue interchange.
  • Close proximity to Provo Towne Center Mall.

Property Details for 765 University Ave

Property type
Industrial properties, Flex space
Square Feet
8,400 SF
Buildings
7
Lot Size (sq. ft)
132,945 SF

Location Insight

City
Provo
County
Utah
State
Utah
Latitude
40.22359069
Longitude
-111.65855959
765 University Ave, Provo, Utah

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765 University Ave
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