Class A Professional Office
233 S Pleasant Grove Blvd Pleasant Grove, UT 84062
233 S Pleasant Grove Blvd, Pleasant Grove, UT, 84062
Contact for pricing
For Sale
Contact for pricing
Two office suites with monument signage and quick access to the I-15/Pleasant Grove Blvd interchange are available for sale.
Property Size6,262 SF
Price / SF$285
Days on Market104
Property Features for 233 S Pleasant Grove Blvd
General Information
- Standard status
- Active
- Size
- 6,262 SF
- Property subtype
- OFFICE
Listing agency
Colliers | Utah County
(801) 610-1300
Listed by
Dan Donaldson
Source
Moodyscre
Added: Apr 11 Updated: Jul 22 at 8:28PM Checked: Jul 22 at 8:28PM
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
Investment Insights
Based on property information with market context.
This Class “A” professional office opportunity includes two suites configured for office use. The property is presented as a former attorney’s office, and monument signage is available. Suite 201 offers 1,876 SF, and Suite 202 offers 4,386 SF.
The location provides quick access to the I-15 and the Pleasant Grove Blvd interchange. A reported operating expense amount is $8.42 per SF.
Lease terms include an expiration date of December 2027, with availability noted for March 2026.
The location provides quick access to the I-15 and the Pleasant Grove Blvd interchange. A reported operating expense amount is $8.42 per SF.
Lease terms include an expiration date of December 2027, with availability noted for March 2026.
Key Highlights
- Class “A” professional office space in the heart of Pleasant Grove (former attorney’s office)
- Two suites available: Suite 201 (1,876 SF) and Suite 202 (4,386 SF)
- Monument signage available
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 | $150.3k | $24.00 |
| − Vacancy | −$33.1k | −$5.28 |
| EGI | $117.2k | $18.72 |
| − OpEx | −$29.3k | −$4.68 |
| NOI | $87.9k | $14.04 |
6,262 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $87,918 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,832 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mindy Pearson
Physician
Lifestar
Crisis Center
Dustin's Finest Appliances ...
Home Appliance Store
Moz Promo
Advertising Agency
CORE Architecture
Interior Design
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FAQs
What type of property is this?
Office units - Two office suites with monument signage and quick access to the I-15/Pleasant Grove Blvd interchange are available for sale.
Where is this office units located?
The property is located at 233 S Pleasant Grove Blvd Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $1,784,670.
What are key features of this property?
This property features: Class “A” professional office space in the heart of Pleasant Grove (former attorney’s office); Two suites available: Suite 201 (1,876 SF) and Suite 202 (4,386 SF); Monument signage available
