For Sale
$772,821

3550 University AveProvo, UT 84604

High-Cap Rate Office, 4,089 SF

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional creative office space in Provo, Utah, presents a compelling investment opportunity. Located at 3550 N University Ave, 84604, this 4,089 square foot property is priced at $772,821, offering a strong 5.00% capitalization rate. The building boasts a single unit with both private and public entrances, enhancing convenience and accessibility. Inside, you'll find a private bathroom complete with a shower, and a separate private kitchen, adding to the property's functionality and appeal. Ample on-site parking is available for tenants and visitors. The current lease expires on August 14, 2025, providing flexibility for future use or continued rental income. The property's creative office subtype caters to a wide range of businesses seeking a unique and inspiring workspace. With its prime location in Provo, Utah County, this property offers a blend of convenience, functionality, and strong investment potential. The price per square foot is $189. This is an excellent opportunity to acquire a well-maintained and strategically located commercial property in a thriving Utah market.

Highlights

  • Exceptional creative office space in Provo, UT, at 3550 N University Ave, 84604.
  • 4,089 square foot building priced at $772,821, offering a 5.00% cap rate and $189/SF.
  • Single-unit building with private and public entrances, private bathroom with shower, and private kitchen.
  • Ample on-site parking.
  • Current lease expires August 14, 2025.

Property Details for 3550 University Ave

Property type
Office properties, Office space
Units
1

Location Insight

City
Provo
County
Utah
State
Utah
Latitude
40.2808844
Longitude
-111.6574088
3550 University Ave, Provo, Utah

FAQs

What type of property is this?
Office property - High-Cap Rate Office, 4,089 SF
Where is the office property located?
The property is located at 3550 University Ave Provo, UT.
What is the asking price?
The asking price for this property is $772,821.
What are key features of this property?
This property features: Exceptional creative office space in Provo, UT, at 3550 N University Ave, 84604.; 4,089 square foot building priced at $772,821, offering a 5.00% cap rate and $189/SF.; Single-unit building with private and public entrances, private bathroom with shower, and private kitchen.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3550 University Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message