Class A Professional Office
For Sale
Contact for pricing
233 S Pleasant Grove Blvd, Pleasant Grove, UT 84062
Class A professional office suite with monument signage and convenient access to the I-15/Pleasant Grove Blvd interchange.
Property Size4,386 SF
Price / SF$275
Days on Market108
Property Features for 233 S Pleasant Grove Blvd
General Information
Standard status
Active
Size
4,386 SF
Class
A
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
monument signage
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Dan Donaldson
Source:
Moodyscre
Added: Jul 13
Changed: Oct 25
Last Checked: Oct 28 at 11:08AM
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 space with monument signage. The property includes Suite 201 and Suite 202 configurations, with Suite 201 described as a former attorney’s office and Suite 202 available for March 2026.
The location is described as being in the heart of Pleasant Grove, with quick access to the I-15 / Pleasant Grove Blvd interchange.
Operating expenses are listed at $8.42 per square foot. Lease expiration is noted for December 2027.
The location is described as being in the heart of Pleasant Grove, with quick access to the I-15 / Pleasant Grove Blvd interchange.
Operating expenses are listed at $8.42 per square foot. Lease expiration is noted for December 2027.
Key Highlights
- Class A professional office space in Pleasant Grove (former attorney’s office)
- Suite 201: 1,876 SF listed at $534,660.00; lease expires December 2027
- Suite 202: 4,386 SF listed at $1,250,010.00; available March 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,579
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,580
$1.2M
Cap Rate 7%
$879,700
$879.7K
Cap Rate 9%
$684,211
$684.2K
Market Conditions
NOI Build-Up for 4,386 SF
Gross rent
$105.3K $24.00/SF
− Vacancy
−$23.2K −$5.28/SF
EGI
$82.1K $18.72/SF
− OpEx
−$20.5K −$4.68/SF
NOI
$61.6K $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%
$1,231,580
Cap Rate 7%
$879,700
Cap Rate 9%
$684,211
Alternative Uses
Best Use
Office B
$879.7K
$769.7K – $1.03M
NOI $61,579 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,632 @ 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
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 - Class A professional office suite with monument signage and convenient 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 $1,206,150.
What are key features of this property?
This property features: Class A professional office space in Pleasant Grove (former attorney’s office); Suite 201: 1,876 SF listed at $534,660.00; lease expires December 2027; Suite 202: 4,386 SF listed at $1,250,010.00; available March 2026
