Class A Professional Office
233 S Pleasant Grove Blvd Pleasant Grove, UT 84062
For Sale
Contact for pricing
Two Class A office suites are available with monument signage and quick access to the I-15/Pleasant Grove Blvd interchange.
Property Size1,876 SF
Price / SF$285
Days on Market110
Property Features for 233 S Pleasant Grove Blvd
General Information
Standard status
Active
Size
1,876 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Dan Donaldson
Source:
Moodyscre
Added: Apr 11
Changed: Jul 25
Last Checked: Jul 28 at 2:12PM
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 offering presents a Class “A” professional office opportunity in Pleasant Grove, previously used as an attorney’s office. Monument signage is available, and the property features dedicated suite spaces for office use.
Suite 201 is 1,876 square feet, with a lease expiration of December 2027. Suite 202 is 4,386 square feet and is available beginning March 2026.
The location provides quick access to the I-15/Pleasant Grove Blvd interchange, supporting convenient regional connectivity for office tenants and clients.
Suite 201 is 1,876 square feet, with a lease expiration of December 2027. Suite 202 is 4,386 square feet and is available beginning March 2026.
The location provides quick access to the I-15/Pleasant Grove Blvd interchange, supporting convenient regional connectivity for office tenants and clients.
Key Highlights
- Two Class A office suites available in Pleasant Grove
- Suite 201: 1,876 SF for $534,660; lease expiration December 2027
- Suite 202: 4,386 SF for $1,250,010; available March 2026
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 | $45.0k | $24.00 |
| − Vacancy | −$9.9k | −$5.28 |
| EGI | $35.1k | $18.72 |
| − OpEx | −$8.8k | −$4.68 |
| NOI | $26.3k | $14.04 |
1,876 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$376.3K
$329.2K – $439.0K
NOI $26,339 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.1K
$452.5K – $603.3K
NOI $36,199 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Two Class A office suites are available with monument signage and quick access to the I-15/Pleasant Grove Blvd interchange.
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 $534,660.
What are key features of this property?
This property features: Two Class A office suites available in Pleasant Grove; Suite 201: 1,876 SF for $534,660; lease expiration December 2027; Suite 202: 4,386 SF for $1,250,010; available March 2026
