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Property profile & analytics
OFF-MARKET
Strip malls

979 University Ave Provo, UT 84601-5921

5,754 SF 0.63 ac lot Built 1993
Entity Owned 1-yr Hold Free & Clear
Property ID
US86-0414920
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Papa Murphy's | Take 'N' Bake Pizza Restaurant
  • Sport Clips Haircuts of Provo - East Bay Hair Salon
  • ChargePoint Charging Station Electric Vehicle Charging Station
  • AT&T Store Mobile Phone Store Electronics & Wireless Store
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
Stein Provo LLC · 1 yrs held
Stein Provo LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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