Technical
Financial
Distress signals
Property profile

979 University Ave Provo, UT 84601

OFF-MARKET
Strip malls
Property ID
US86-0414920
5,754 SF 0.63 ac lot Built 1993
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 171,042 square foot shopping center, located at 979 South University Avenue in Provo, Utah, presents a prime leasing opportunity. The property, situated in Utah County, boasts a desirable location and underwent extensive renovations in 2018. Currently, there is 22,000 square feet of vacant retail space available for lease, ideal for a variety of businesses seeking high visibility and foot traffic. The center features multiple tenancies, creating a vibrant and diverse shopping environment. The property's address is 979 South University Avenue, Provo, UT 84601. Its strategic location within Provo offers excellent access to major transportation routes and a strong customer base. The 22,000 square feet of vacant space provides a significant opportunity for expansion or a new business venture. This is a rare chance to secure a prominent retail presence in a thriving Utah County community. The property's recent renovations ensure modern amenities and a well-maintained environment, attracting both tenants and customers. The substantial size of the center, combined with the available space, makes it an attractive investment for businesses seeking significant growth potential. Contact us today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Total area 5,754 SF
Lot 0.63 ac (27,530 SF)
APN 38-163-0030
UPID US86-0414920

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
  • Restaurant
  • Hair Salon
  • Electric Vehicle Charging Station
  • Mobile Phone Store Electronics & Wireless Store

Location

979 University Ave Provo, UT 84601-5921
Provo metro Census 980300 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Google Maps

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
$690k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2019
Price N/A
2017
Price N/A
2014
$14.4M
2014
$14.4M
2013
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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