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    145 200 Provo, UT 84601

    Sponsored
    For Lease
    $29 SF/Yr

    Modern Coworking & Creative Office Suites

    Lot size:
    132,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Freedom Commons Building 1, a stunning Class A office building in Provo, Utah, offers 132,000 square feet of prime workspace. This six-story building, constructed in 2022, boasts multiple tenancy options ranging from a minimum of 1,556 square feet to a maximum contiguous space of 23,590 square feet. Currently, 58,498 square feet are available. The building features impressive 12-16 foot ceilings, expansive glass windows, and covered parking with a 5-space-per-1000-square-foot ratio. Located at 145 W 200 N, Provo, UT 84601, on a 1.71-acre lot (APN 040850001), this property enjoys a central downtown location with convenient access to the bus rapid transit system. Premium ground-level retail suites are also available. The building includes elevators and is situated in the Provo submarket of Utah County. This exceptional property provides a unique opportunity for businesses seeking modern, efficient, and well-located office space. The building's design caters to both coworking and creative office needs, offering a flexible and adaptable environment. Its central location and modern amenities make it an ideal choice for a variety of businesses.

    Property Features for 145 200

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    132,000 SF
    Class
    A
    Total Rate
    324500

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,610 SF
    Rate per SF
    $29
    Space
    3rd Floor
    Size
    14,736 SF
    Rate per SF
    $29
    Space
    1st Floor
    Size
    5,708 SF
    Rate per SF
    $29
    Space
    5th Floor
    Size
    23,590 SF
    Rate per SF
    $29
    Space
    4th Floor
    Size
    23,590 SF
    Rate per SF
    $29

    HighLights

    • Generous TI Allowance Available.
    • Floor‑to‑ceiling windows offer abundant natural light.
    • 12‑16' ceiling heights on the first floor; 10‑13' on floors 2‑6.
    • Ample structured and covered parking provided.
    • Retail spaces ranging from 1,375 to 5,746 square feet available.
    • Premium streetscape with outdoor dining potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Merrill Lynch Wealth ... Financial Planner Merrill Lynch Financial ... Financial Planner Merrill Lynch Financial ... Financial Planner Merrill Lynch Financial ... Financial Planner Merrill Lynch Financial ... Financial Consultant

    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
    -111.66090673
    Latitude
    40.2364754

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    FAQs

    What type of property is this?
    Office space - Modern Coworking & Creative Office Suites
    Where is this office space located?
    The property is located at 145 200 Provo, UT.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Generous TI Allowance Available.; Floor-to-ceiling windows offer abundant natural light.; 12-16' ceiling heights on the first floor; 10-13' on floors 2-6.
    Request Owner's contact information
    145 200 Provo, UT 84601
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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
    145 200 Provo, UT 84601
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