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Property profile & analytics
FOR LEASE
Turn key restaurants

1800 South Novell Pl Provo, UT 84606

26,445 SF 22.94 ac lot Built 2000
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US86-0229599
Property summary
AI-generated overview

This exceptional executive office space in Provo, Utah, offers 48,343 square feet of immediately available sublease space at 1800 S Novell Pl, 84606. The property features a flexible layout, accommodating needs from 10,000 to the entire 48,343 square feet. The space is ideal for businesses seeking a combination of open work areas and private offices, catering to various team sizes and organizational structures. Enjoy breathtaking, unobstructed views of Mount Timpanogos and the Provo skyline from this impressive location. The lease term has approximately four years remaining. Building amenities are extensive and include 24/7 security for peace of mind, an on-site cafeteria for convenient dining, a fitness center to promote employee well-being, bike racks for eco-conscious commuters, an outdoor recreational area for relaxation and team building, electric car charging stations for sustainable transportation, and a generator and UPS backup system ensuring business continuity. This is a rare opportunity to secure high-quality office space in a desirable location with a comprehensive suite of amenities. The property is located in Provo, UT, offering easy access to local amenities and transportation networks. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Total area 26,445 SF
Lot 22.94 ac (999,179 SF)
APN 47-309-0009
UPID US86-0229599
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
  • Rocky Mountain University of Health Professions Graduate School
  • Powder Coat 360 Powder Coating Service
  • RMUoHP Learning Resource Center Publishing House
  • Epic Engineering General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
City Of Provo · 8 yrs held
City Of Provo
since 2018
3 recorded transactions
2018
Price N/A
2012
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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