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180 N University Ave, Provo, UT 84601

14,267 SF office space with patios for lease.

Property Size14,267 SF
Days on Market1426

Property Features for 180 N University Ave

General Information

Standard status Active
Size 14,267 SF
Property subtype Office
Listing Agency: Summit Commercial Advisors
Listed By: Cody Black · License #6026252-SA00
Source: Crexi
Added: Sep 6, 2022 Changed: Jul 10 Last Checked: Aug 1 at 5:46PM

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 Summit Commercial Advisors

Investment Insights

Based on property information with market context.

The property features a full 4th floor office space of 14,267 square feet. It includes a north-facing patio of 1,224 square feet and a south-facing patio of 3,812 square feet. The lease rate is $21.50 full service, which includes interior suite janitorial services. Furniture and cubicles are available. The space includes open areas and hard-wall offices, along with two breakrooms. It offers secured access, private bathrooms, and a data room. Covered parking is available in an attached parking structure, and there is a rapid bus transit stop located in front of the building.

Key Highlights

  • Full 4th floor with 14,267 SF
  • Enjoy the outdoors with a large south patio (3,812 SF) and north patio (1,224 SF)
  • Sale price of $234.81/SF or $3,350,000.00

Property Analytics

Current Use

Social Paragon Film Production Craigs Cuts Barber Shop Fundwise Capital Business To Business Service Intuitive Movement, LLC Physician Growify CPA Tax ... Accounting Firm

Suggested Use

Top Pick Carpet & Flooring Store Wine and Liquor Store Home Appliance Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store & Service

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,916
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

$19.63 /SF/Yr
Avg Asking Price
$18–$22 /SF/Yr
Price Range
32,127 SF
Avg Space Size

This space is priced 10% above the average of $19.63 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 14,267 SF office space with patios for lease.
Where is this office units located?
The property is located at 180 N University Ave Provo, UT.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Full 4th floor with 14,267 SF; Enjoy the outdoors with a large south patio (3,812 SF) and north patio (1,224 SF); Sale price of $234.81/SF or $3,350,000.00
(801) 687-0094 Call to check price and availability
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