Listing Agency: Anderson CRG Show Phone

Listed By: Chase Bryan · License #UT 9167166-SA00

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:24PM

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Investment Insights

Based on property information with market context.

This 4,089-square-foot office unit includes private and public entrances, providing distinct access options for occupants and visitors. The suite also features a private bathroom with a shower, a private kitchen, and on-site parking.

Located at 3550 N University Ave in Provo, Utah, the property is currently leased through 8/14/25. The offering reflects a 5% cap rate and combines dedicated office improvements with practical on-site amenities.

Key Highlights

• 4,089 Sq Ft office unit
• Current lease expires 8/14/25
• 5% CAP Rate

Property Analytics

Current Use

The Institu Hotel & Motel The Institute for Senior Living Nursing Home Jennifer Tittensor Physician Jorge Delgadillo, APRN-ACNP Physician James Barrett M.D. Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

881

Businesses Nearby

Explore this area Business Placement

Demographics for 84604, UT

45,503

Population

13,285

Households

3.4

Avg Household Size

26

Median Age

56%

College-Educated

98%

High-School Grad

94.8 sq mi

ZIP Area

480

Density / Sq Mi

$74,522

Median Household Income

$16,799

Median Earnings

$1,128

Median Rent

$520,500

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Dedicated office space with separate entrances, an on-site kitchen, private bath, and parking.

Where is this office units located?

The property is located at 3550 N University Ave Provo, UT.

What are key features of this property?

This property features: 4,089 Sq Ft office unit; Current lease expires 8/14/25; 5% CAP Rate