Class A Professional Office
For Sale
Contact for pricing
233 S Pleasant Grove Blvd, Pleasant Grove, UT 84062
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$275
Days on Market201
Property Features for 233 S Pleasant Grove Blvd
General Information
Standard status
Active
Size
1,876 SF
Class
A
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
monument signage
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Dan Donaldson
Source:
Moodyscre
Added: Apr 11
Changed: Oct 25
Last Checked: Oct 28 at 4:50AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$26,339
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,780
$526.8K
Cap Rate 7%
$376,271
$376.3K
Cap Rate 9%
$292,656
$292.7K
Market Conditions
NOI Build-Up for 1,876 SF
Gross rent
$45.0K $24.00/SF
− Vacancy
−$9.9K −$5.28/SF
EGI
$35.1K $18.72/SF
− OpEx
−$8.8K −$4.68/SF
NOI
$26.3K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,780
Cap Rate 7%
$376,271
Cap Rate 9%
$292,656
Alternative Uses
Best Use
Office B
$376.3K
$329.2K – $439.0K
NOI $26,339 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.1K
$452.5K – $603.3K
NOI $36,199 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 84062, UT
47,771
Population
14,649
Households
3.3
Avg Household Size
28
Median Age
43%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
942
Density / Sq Mi
$101,584
Median Household Income
$41,079
Median Earnings
$1,617
Median Rent
$479,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - 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 unit 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 $515,900.
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
