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    Office Space on Provo River Title is generated by Realmo AI

    2230 N University Pkwy, Provo, UT

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    11,426 SF office space with high visibility.

    Type:OFFICE
    Property size:
    11,426 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $218/SF
    Added:
    Oct 15, 2025
    Days on Market:
    256
    Last Refresh:
    May 19 at 9:38 pm

    Property Features for 2230 N University Pkwy

    General Information

    Standard status
    Active
    Size
    11,426 SF
    Lot size
    0.81 Acres
    Property subtype
    OFFICE

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    David Runnells
    David Runnells

    Listing office Colliers | Utah County

    Listing date Oct 15, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Utah County

    HighLights

    • High University Parkway Exposure
    • On Provo River
    • Between BYU and UVU
    • TI Available
    • 11,426 SF of space
    • Perfect for: Tech Space, Marketing/Sales, Recruiting, Restaurant

    Overview

    This 11,426 square-foot office space is available for sale. The property is located on the Provo River and offers high exposure on University Parkway, situated between Brigham Young University (BYU) and Utah Valley University (UVU). Tenant improvements are available. The space is suitable for various uses, including tech companies, marketing and sales firms, recruiting agencies, and restaurants.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $250.9k $21.96
    − Vacancy −$58.2k −$5.09
    EGI $192.7k $16.87
    − OpEx −$48.2k −$4.22
    NOI $144.5k $12.65
    11,426 SF · lease $21.96/SF/yr · vacancy 23.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.06M
    $1.81M – $2.41M (±1% cap)
    NOI $144,527 @ 7.0% cap · market cap 5.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.15M
    $2.76M – $3.68M (±1% cap)
    NOI $220,588 @ 7.0% cap · market cap 8.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Donald R. ... Dental Office RIDGELINE ACCOUNTING Accounting Firm TPM, Inc. Real Estate Agency Sienna Development LLC Engineering Consultant Vizzini's House of Escapes Arcade & Gaming Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.666
    Latitude
    40.2634

    FAQs

    What type of property is this?
    Office units - 11,426 SF office space with high visibility.
    Where is this office units located?
    The property is located at 2230 N University Pkwy Provo, UT.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: High University Parkway Exposure; On Provo River; Between BYU and UVU
    (801) 610-1300 Call to check price and availability
    More about this property
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