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Multi-Tenant Office Building with Parking Garage
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3210 N Canyon Road, Provo, UT 84604

Fully leased office building with underground garage, surface parking, and 24/7 keycard access.

Property Size26,743 SF
Price / SF$177.62
Days on Market96

Property Features for 3210 N Canyon Road

General Information

Standard status Active
Size 26,743 SF
Class C
Property subtype Office
Occupancy 100%
Investment Type Stabilized

Site & Location

Neighborhood Edgemont

Amenities

24/7 keycard access
Google Fiber
Comcast

Building Details

Buildings 1
Tenancy Multi
Parking Ratio 5.5 per 1,000 SF
Listing Agency: Colliers - Pleasant Grove - Utah County, Utah
Listed By: JD Brisk · License #10407559-SA00
Source: Crexi
Added: Jul 30 Changed: Oct 26 Last Checked: Nov 1 at 5:16AM

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 - Pleasant Grove - Utah County, Utah

Rey
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Investment Insights

Based on property information with market context.

The Sawtooth Building is a fully leased, multi-tenant office property offering 100% occupancy with multiple suites. The building’s parking setup includes an underground garage, surface parking on the east side, and additional street parking, supported by a 5.5/1,000 parking ratio.

Located at 3210 North Canyon Road in Provo, the property places tenants near everyday amenities, including BYU, local restaurants, and Day’s Market. Building access is available 24/7 via keycard.

Tenant connectivity options include availability of Google Fiber and Comcast, supporting modern office needs in an established office setting along North Canyon Road.

Key Highlights

  • 100% occupancy with a fully leased, multi‑tenant office setup
  • 5.5/1,000 parking ratio plus underground garage parking
  • Surface parking on the east side of the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$338,271
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,765,420 $6.8M
Cap Rate 7%
$4,832,443 $4.8M
Cap Rate 9%
$3,758,567 $3.8M
Market Conditions
NOI Build-Up for 26,743 SF
Gross rent
$587.3K $21.96/SF
− Vacancy
−$136.2K −$5.09/SF
EGI
$451.0K $16.87/SF
− OpEx
−$112.8K −$4.22/SF
NOI
$338.3K $12.65/SF
Area
Provo, UT
Vacancy
23.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,765,420
Cap Rate 7%
$4,832,443
Cap Rate 9%
$3,758,567

Alternative Uses

Best Use
Office B
$4.83M
$4.23M – $5.64M (±1% cap)
NOI $338,271 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.38M
$6.45M – $8.60M (±1% cap)
NOI $516,295 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

G.R.O.W with Meg ... Association / Organization Utah Speech Success Physician The Body Hackers Alternative Medicine Practice Honor365 Charitable Organization Pollen Sense Corporate Office

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Building Supply HVAC Service Grocery & Convenience Store

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

948
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Fully leased office building with underground garage, surface parking, and 24/7 keycard access.
Where is this office building located?
The property is located at 3210 N Canyon Road Provo, UT.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 100% occupancy with a fully leased, multi‑tenant office setup; 5.5/1,000 parking ratio plus underground garage parking; Surface parking on the east side of the building
(801) 666-5776 Call to check price and availability
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