2230 University Pkwy Ste 10a Provo, UT 84604-1594

Property Details for 2230 University Pkwy Ste 10a

Year built

1981

Lot size

0.06 lot acres

Property size

2,300 SF

Property type

Medical offices

Property subtype

Medical centers

APN

36-298-0032

APU

362980032

Description

This exceptional investment opportunity presents two leased, second-floor executive office suites totaling 3,248 square feet within the well-maintained Cottontree Square complex in Provo, Utah. Located at 2230 N University Pkwy, 84604, this Class B property boasts an attractive brick and wood exterior and ample surface parking. The suites, each approximately 1,792 square feet, feature a blend of private offices and open work areas, ideal for a variety of business needs. Currently under a 3-year lease, this property offers immediate cash flow potential. The asking price is $675,500, translating to $207.97 per square foot. The building is conveniently situated near University Place Mall, Brigham Young University, numerous restaurants and hotels, and the Provo River walking trail. Its prime location on University Parkway provides excellent visibility and accessibility, further enhanced by its proximity to a major public transportation stop. The meticulously landscaped grounds and common areas add to the overall appeal. This property offers a unique opportunity to either occupy one suite and lease the other, or to operate as a purely investment property with existing lease agreements in place. The building features an elevator for convenient access to the second floor. Renovations were completed in 2024. This is a turnkey opportunity for a savvy investor seeking a strong return in a desirable location.

Location Insight

City

Provo

County

Utah

State

Utah

Longitude

-111.665

Latitude

40.2629

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments