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    180 University Ave Provo, UT 84601

    For Lease
    $24 SF/Yr

    Prime Provo office space, multiple suites available.

    Lot size:
    48,449 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This Class B office building, Zions Tower, located at 180 N University Ave, Provo, UT 84601, offers a variety of traditional, coworking, and creative office spaces. The 48,449 square foot building sits on 1.43 acres of land and features three total suites, with a minimum divisible space of 6,175 square feet and a maximum contiguous space of 12,919 square feet. Currently, 30,258 square feet are vacant, presenting a significant opportunity for businesses seeking flexible space options. The building boasts ample parking with a 4/1,000 ratio, including structured parking, and enjoys convenient access to public transportation via numerous nearby bus routes. Its location offers gorgeous views and is minutes away from Provo Center Street I-15 exit and the Brigham Young University campus. Furthermore, the property is situated within an Opportunity Zone, potentially offering tax advantages to qualifying tenants. A large meeting room and conference room are available for rent on the 8th floor. Furniture from a previous tenant is available for lease or purchase. Building signage opportunities are also available. The APN is 53:448:0813.

    Property Features for 180 University Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,449 SF
    Class
    B
    Total Rate
    98916.71

    Unit(s) available at that property

    Space
    Suite 820
    Size
    3,393 SF
    Rate per SF
    $24
    Space
    Floor 2
    Size
    9,285 SF
    Rate per SF
    $24

    HighLights

    • Class B office building, Zions Tower, totaling 48,449 square feet on 1.43 acres at 180 N University Ave, Provo, UT.
    • Three suites available, ranging from 6,175 to 12,919 contiguous square feet; 30,258 square feet currently vacant.
    • Ample parking (4/1,000 ratio), including structured parking, plus convenient public transportation access.
    • Prime location near Provo Center Street I‑15 exit and Brigham Young University, offering great views.
    • Located in an Opportunity Zone, with available building signage and furniture for lease/purchase; large meeting/conference room available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Social Paragon Video Production Service Craigs Cuts Barber Shop Fundwise Capital Business To Business Service Intuitive Movement, LLC Health Consultant Growify CPA Tax ... Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.65860034
    Latitude
    40.23604991

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    FAQs

    What type of property is this?
    Office space - Prime Provo office space, multiple suites available.
    Where is this office space located?
    The property is located at 180 University Ave Provo, UT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class B office building, Zions Tower, totaling 48,449 square feet on 1.43 acres at 180 N University Ave, Provo, UT.; Three suites available, ranging from 6,175 to 12,919 contiguous square feet; 30,258 square feet currently vacant.; Ample parking (4/1,000 ratio), including structured parking, plus convenient public transportation access.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 University Ave Provo, UT 84601
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