Technical
Financial
Distress signals
Property profile

4801 University Ave Provo, UT 84604

OFF-MARKET
Turn key restaurants
Property ID
US86-0516384
15,550 SF 14.16 ac lot Built 1998
Entity Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Shops at Riverwoods, located at 4801 N University Ave in Provo, UT 84601, offers a prime retail space for lease. This exceptional property boasts a total of 14,674 square feet of retail space, currently entirely vacant and available for immediate occupancy. The flexible layout allows for various configurations, accommodating businesses requiring anywhere from 1,200 square feet to a maximum contiguous space of 9,400 square feet. This presents a unique opportunity for businesses seeking a prominent location in a thriving area of Provo. The property's address on University Avenue ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access for customers. The building's design is well-suited for a variety of retail uses, making it an ideal location for businesses looking to establish or expand their presence in the Provo market. With its ample square footage and strategic location, this property represents a compelling investment opportunity for discerning businesses seeking a high-impact retail presence. The entire space is available, offering a blank canvas for a single large tenant or the possibility of dividing the space to accommodate multiple smaller businesses. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a significant retail presence in a desirable Provo location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 15,550 SF
Lot 14.16 ac (616,853 SF)
APN 51-308-0001
UPID US86-0516384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store Men'S Clothing Store
  • Arcade & Gaming Center Family Recreation Center
  • Shopping Center & Mall
  • Restaurant
  • Restaurant

Location

4801 University Ave Provo, UT 84604-5573
Provo metro Census 1401 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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