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River's Edge Shopping Center Opportunity
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408 W 2230 N, Provo, UT 84604

Retail property in River's Edge near BYU.

Property Size7,000 SF
Price / SF$634.29
Days on Market649

Property Features for 408 W 2230 N

General Information

Standard status Active
Size 7,000 SF
Class B
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $264,000

Building Details

Year Built 1989
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Newmark Mountain West
Listed By: Lance Pendleton · License #UT 5594649-SA00
Source: Crexi
Added: Nov 14, 2024 Changed: Aug 25 Last Checked: Aug 24 at 3:39AM

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 Newmark Mountain West

Investment Insights

Based on property information with market context.

This property is part of the River’s Edge Shopping Center, situated less than one mile from Brigham Young University. The building features new construction. The property has a size of 7000 square feet. It is currently 50% occupied by Café Zupas, which has renewed its lease, and 50% occupied by RyseUp Rehab. This property presents an opportunity to potentially double the net operating income by 2026.

Key Highlights

  • Opportunity to double the NOI by 2026.
  • Part of the River's Edge Shopping Center.
  • Located less than a mile from Brigham Young University.

Property Analytics

Current Use

Café Zupas Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Auto Parts Store 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

1,203
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Groceries 39% Shops & Services 10% Hotels & Casinos 4%
Walmart Neighborhood Market Groceries
59,013 visits/mo 0.2 miles
Olive Garden Dining
22,592 visits/mo 0.0 miles
Cafe Rio Mexican Grill Dining
16,103 visits/mo 0.1 miles
7-Eleven Shops & Services
12,326 visits/mo 0.2 miles
Cafe Zupas Dining
10,908 visits/mo 0.0 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Parkway Village 2255 N University Pkwy, Provo, UT 84604

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property in River's Edge near BYU.
Where is this shopping center located?
The property is located at 408 W 2230 N Provo, UT.
What is the asking price?
The asking price for this property is $4,440,000.
What are key features of this property?
This property features: Opportunity to double the NOI by 2026.; Part of the River's Edge Shopping Center.; Located less than a mile from Brigham Young University.
(801) 885-4304 Call to check price and availability
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