2520 University Ave, Provo, UT 84604-3804
This exceptional two-story, 13,486 square foot medical and traditional office building is available for sale at $2,629,770 ($195 per square foot). Built in 1990, the property boasts a prime location on University Avenue, benefiting from high traffic volume (over 30,000 cars daily) and prominent monument signage opportunities. The building features an elevator and is ADA compliant, catering to diverse tenant needs. Currently, 5,350 square feet of space is vacant, offering immediate opportunities for lease or occupancy. Individual suites are available, with a minimum divisible space of 1,971 square feet and a maximum contiguous space of 3,379 square feet. Suite #250, measuring 2,659 square feet, is currently available for lease at $16.75 per square foot. The property's strategic location offers excellent visibility and proximity to Brigham Young University and the Riverside Country Club Golf Course, attracting a desirable professional clientele. The building's single structure comprises multiple tenancies, providing flexibility for various business models. The property's Assessed Parcel Number (APN) is 36:355:0002. This presents a compelling investment opportunity in a thriving area with strong potential for growth and return.
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Havn Healthcare Management Medical Clinic
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Peak Harmony Mental Health Services Crisis Center Medical Clinic
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Trent C Holmberg Physician
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Ellen Campbell, LCSW Crisis Center Medical Clinic
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Paul W. George, LCSW Crisis Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.