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Remodeled Second-Level Office Suites
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55 N University Ave, Provo, UT 84601

Second level suites with updated common areas, modern HVAC, and high-speed internet in a downtown Provo office building.

Space Size1,832 SF
Days on Market564

Property Features for 55 N University Ave

General Information

Standard status Active
Size 1,832 SF
Property subtype OFFICE
Lease Type Modified Gross

Building Details

Tenancy Multi

Spaces For Lease

at 55 N University Ave Contact us

55 N University Ave $23/SF/Yr

Floor
2
Size
1,832 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Prime location, centrally located in downtown Provo with excellent visibility and...
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Listing Agency: BHHS - Utah Properties | Park City
Listed By: Jill Snyder · License #5486468-AB00
Source: Moodyscre
Added: Feb 7, 2025 Changed: Aug 25 Last Checked: Aug 24 at 8:22AM

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 BHHS - Utah Properties | Park City

Investment Insights

Based on property information with market context.

Multiple second-level office suites are available inside a centrally located downtown Provo office building. The space includes a range of flexible office configurations to accommodate different business needs, with recently remodeled interiors and updated common areas. Tenant amenities include high-speed internet and contemporary HVAC systems, supporting day-to-day office operations.

The property offers convenient access for tenants and visitors, with an ample on-site 3-level parking structure. The building is positioned for visibility in a downtown setting, with easy reach to major roads and public transportation.

These second level suites are well suited for professional users seeking move-in-ready office space with modern infrastructure and a practical parking setup. Availability includes suites 201, 203, 205, 207, 217, and 223, giving businesses options for different rooming and layout requirements within the same building.

Key Highlights

  • Multiple second level office suites available in downtown Provo, with updated common areas.
  • High‑speed internet and contemporary HVAC systems in the suites.
  • Recently remodeled building with updated facilities and common areas.

Property Analytics

Current Use

Celadora Studios Film Production Inclan Interactive (Bike/Boat/Book/etc) Store Enveyo (Bike/Boat/Book/etc) Store Venga: Renting Solutions (Bike/Boat/Book/etc) Store Sherida Zenger, Realtor® ... Real Estate Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Storage Facility Pharmacy Auto Parts 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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,497
Businesses Nearby

Demographics for 84601, UT

33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value

Market

Lease Benchmarks for Provo, UT

$17.14 /SF/Yr
Avg Asking Price
$12–$23 /SF/Yr
Price Range
10,304 SF
Avg Space Size

This space is priced 34% above the average of $17.14 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Second level suites with updated common areas, modern HVAC, and high-speed internet in a downtown Provo office building.
Where is this office units located?
The property is located at 55 N University Ave Provo, UT.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Multiple second level office suites available in downtown Provo, with updated common areas.; High‑speed internet and contemporary HVAC systems in the suites.; Recently remodeled building with updated facilities and common areas.
(435) 671-0793 Call to check price and availability
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