1800 Novell PlProvo, UT 84606

Property Details for 1800 Novell Pl

Year built

2000

Lot size

22.94 AC

Property size (Sq ft)

26,445 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

47-309-0009

APU

473090009

Description

This exceptional executive office space in Provo, Utah, offers 48,343 square feet of immediately available sublease space at 1800 S Novell Pl, 84606. The property features a flexible layout, accommodating needs from 10,000 to the entire 48,343 square feet. The space is ideal for businesses seeking a combination of open work areas and private offices, catering to various team sizes and organizational structures. Enjoy breathtaking, unobstructed views of Mount Timpanogos and the Provo skyline from this impressive location. The lease term has approximately four years remaining. Building amenities are extensive and include 24/7 security for peace of mind, an on-site cafeteria for convenient dining, a fitness center to promote employee well-being, bike racks for eco-conscious commuters, an outdoor recreational area for relaxation and team building, electric car charging stations for sustainable transportation, and a generator and UPS backup system ensuring business continuity. This is a rare opportunity to secure high-quality office space in a desirable location with a comprehensive suite of amenities. The property is located in Provo, UT, offering easy access to local amenities and transportation networks. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,371,110

  6.5%

  $9,573,332

  7%

  $8,889,523

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,351,604

  Geo Method

  $13,351,604

• Alternative Use

  Use

  Valuation

  Residential

  $8,075,464

  Hospitality

  $7,397,082

  Educational

  $6,154,285

  Medical

  $6,365,940

  Retail

  $9,573,332

Location Insight

City

Provo

County

Utah

State

Utah

Latitude

40.21

Longitude

-111.656

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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