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Premier Retail Space in Provo
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5609 N University Ave, Provo, UT 84604

Exceptional retail space with mountain views and high visibility.

Space SizeContact for details
Property Size16,002 SF
Days on Market691

Property Features for 5609 N University Ave

General Information

Standard status Active
Size 16,002 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 16,002 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 5609 N University Ave Contact us

Available Space 1

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Woodley Real Estate
Listed By: Brycen Woodley · License #10251493-SA00
Source: Crexi
Added: Oct 11, 2024 Changed: Aug 19 Last Checked: Aug 30 at 11:29PM

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 Woodley Real Estate

Investment Insights

Based on property information with market context.

This retail space is located at the gateway to Provo Canyon, next to the Provo River and Provo River Parkway Trail. Situated on University Avenue, the building offers maximum visibility and convenience, with enhanced access via a new traffic light at the project entrance. The location is suitable for retail shops, restaurants, and service providers. The Hollywood Regency design provides a sophisticated and professional environment. Ample parking is available for customers. The property is directly adjacent to a high-end event and reception center. A new residential project is underway on adjacent parcels. The property combines accessibility with natural beauty, offering a spacious and serene atmosphere. It is located minutes away from major roads.

Key Highlights

  • Premier location at the gateway to Provo Canyon, next to the Provo River and Parkway Trail.
  • Maximum visibility and convenient access on University Avenue with new traffic light.
  • Ample parking and adjacency to a high‑end event/reception center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Restaurant Big Box & Wholesale Store 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

NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
9,006 visits/mo 0.4 miles

Demographics for 84604, UT

45,503
Population
13,285
Households
3.4
Avg Household Size
26
Median Age
56%
College-Educated
98%
High-School Grad
94.8 sq mi
ZIP Area
480
Density / Sq Mi
$74,522
Median Household Income
$16,799
Median Earnings
$1,128
Median Rent
$520,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Exceptional retail space with mountain views and high visibility.
Where is this retail space located?
The property is located at 5609 N University Ave Provo, UT.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Premier location at the gateway to Provo Canyon, next to the Provo River and Parkway Trail.; Maximum visibility and convenient access on University Avenue with new traffic light.; Ample parking and adjacency to a high‑end event/reception center.
(801) 855-5900 Call to check price and availability
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