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    OFF-MARKET
    Office Spaces

    3550 University Ave, Provo, UT 84604

    Property ID
    Property summary
    AI-generated overview

    This exceptional creative office space in Provo, Utah, presents a compelling investment opportunity. Located at 3550 N University Ave, 84604, this 4,089 square foot property is priced at $772,821, offering a strong 5.00% capitalization rate. The building boasts a single unit with both private and public entrances, enhancing convenience and accessibility. Inside, you'll find a private bathroom complete with a shower, and a separate private kitchen, adding to the property's functionality and appeal. Ample on-site parking is available for tenants and visitors. The current lease expires on August 14, 2025, providing flexibility for future use or continued rental income. The property's creative office subtype caters to a wide range of businesses seeking a unique and inspiring workspace. With its prime location in Provo, Utah County, this property offers a blend of convenience, functionality, and strong investment potential. The price per square foot is $189. This is an excellent opportunity to acquire a well-maintained and strategically located commercial property in a thriving Utah market.

    Property profile
    Verified
    Property type Office Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Institu Hotel & Motel Vacation Rental
    • The Institute for Senior Living Nursing Home Retirement Community
    • Jennifer Tittensor Physician
    • Jorge Delgadillo, APRN-ACNP Physician
    • James Barrett M.D. Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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