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For-Sale Retail Property
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2302-2308 N University Pkwy, Provo, UT 84604

Retail property offered for sale, with marketing materials citing a 6% cap rate.

Days on Market85

Property Features for 2302-2308 N University Pkwy

General Information

Standard status Active
Property subtype RETAIL

Additional Details

Cap Rate 6%
Listing Agency: Mountain West - Corporate
Listed By: Lance Pendleton
Source: Moodyscre
Added: May 8 Changed: Jul 26 Last Checked: Jul 30 at 2:37PM

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 Mountain West - Corporate

Investment Insights

Based on property information with market context.

This retail property is offered for sale at 2302-2308 N University Pkwy, Provo, UT 84604. The property is presented as a retail asset under the Commercial real estate category.

According to the provided public remarks, the offering is associated with a 6% cap rate. No additional property features, improvements, unit configuration, or tenant details were included in the information provided.

Key Highlights

  • Marketed with a 6% cap rate.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Storage Facility

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

1,198
Businesses Nearby
174k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 42% Dining 42% Shops & Services 13% Hotels & Casinos 3%
Walmart Neighborhood Market Groceries
59,013 visits/mo 0.1 miles
Olive Garden Dining
22,592 visits/mo 0.2 miles
Cafe Rio Mexican Grill Dining
16,103 visits/mo 0.1 miles
Rancho Market Groceries
13,642 visits/mo 0.5 miles
7-Eleven Shops & Services
12,326 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale, with marketing materials citing a 6% cap rate.
Where is this retail space located?
The property is located at 2302-2308 N University Pkwy Provo, UT.
What is the asking price?
The asking price for this property is $4,440,000.
What are key features of this property?
This property features: Marketed with a 6% cap rate.
(801) 456-8808 Call to check price and availability
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