5152-5255 N Edgewood Dr Provo, UT 84604
Two office buildings totaling 135,859 RSF in Provo, Utah.
Property Features for 5152-5255 N Edgewood Dr
General Information
- Standard status
- Active
- Size
- 135,859 SF
- Property subtype
- Office
Listing office Colliers - Salt Lake City, Utah (801) 947-8300
Listing date Jul 15, 2024
Source Crexi
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 - Salt Lake City, Utah
Investment Insights
Based on property information with market context.
Key Highlights
- High‑quality office assets totaling 135,859 RSF.
- Strategic location adjacent to The Shops at Riverwoods with walkable access to amenities.
- Anchored by a diverse mix of long‑term tenants providing durable cash flow and lease stability.
Local 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 | $2.98M | $21.96 |
| − Vacancy | −$692.2k | −$5.09 |
| EGI | $2.29M | $16.87 |
| − OpEx | −$572.8k | −$4.22 |
| NOI | $1.72M | $12.65 |
